Real GDP growth (2024) = 2.8% of GDP New debt + interest (2024) = 6.2% of GDP S&... | Hacker News

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		lossolo 57 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 56 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.

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