Chart Of The Day: Change In Q1 American Debt And GDP

Tyler Durden's picture

Presented without much commentary, because little is necessary: the only ratio that matters for the US economy, the change in US public debt ($359.1 billion) and US GDP ($142.4) in the first quarter, hit 2.52x and rising.

It takes $2.52 in new debt to "buy" $1 of economic "growth"

Source: Debt to the Penny, Commerce Dept