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

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

By Tyler Durden
Created 04/27/2012 - 08:15
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 04/27/2012 08:15 -0500



 

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"

[2]

Source: Debt to the Penny [3], Commerce Dept [4]

 

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Source URL: http://www.zerohedge.com/news/chart-day-change-q1-american-debt-and-gdp

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/04/Q1%20debt%20vs%20gdp.jpg
[3] http://www.treasurydirect.gov/NP/BPDLogin?application=np
[4] http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm