debt-to-GDP ratio
Coverage of debt-to-GDP ratio in the Nexus archive.
- The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it’s still worse somehow
The U.S. national debt of $39 trillion is lower than Japan's 204% and Singapore's 172% debt-to-GDP ratios but higher in absolute terms than China's $18.7 trillion. Economists warn the U.S. is accumulating debt at $7 billion per day, reducing its ability to respond to recessions, while Japan's debt is structurally different due to domestic ownership and high household savings.
- Jamie Dimon won’t put more of his own money into the long end of the bond market right now—thanks to the $39 trillion national debt
Jamie Dimon, CEO of J.P. Morgan Chase, refuses to invest in long-dated U.S. Treasury bills due to concerns over a potential bond market crisis linked to the $39 trillion national debt. He criticizes policymakers for inaction on debt reduction and highlights risks from rising interest rates and inflation expectations affecting long-term Treasury yields.