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

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

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 increase $1 of GDP.

Source: Debt to the Penny, Commerce Dept


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