Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
lossolo
7 days ago
|
parent
|
context
|
favorite
| on:
US hits $38T in debt. Fastest accumulation of $1T ...
Real GDP growth (2024) = 2.8% of GDP
New debt + interest (2024) = 6.2% of GDP
S&P 500 index (2024) = +23%
Good luck.
aoeusnth1
7 days ago
[–]
So 0.9T of interest and 1.9T of new debt overlap. You can't add them together to get 6.2% of GDP because interest is a subset of new debt - you're double counting.
reply
Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
New debt + interest (2024) = 6.2% of GDP
S&P 500 index (2024) = +23%
Good luck.