Comment by ericmay
7 hours ago
But there isn’t a good reason to think that since countries such as Italy, UK, France, and others are in much worse financial positions.
A lot of this stuff is just business as usual, and then tabloids like to turn it into some doom and gloom nonsense.
From [1], in 2025 government net debt / GDP for the countries mentioned was:
Germany 47.2 USA 96.7 France 108.8 Italy 127.7
[1] https://en.wikipedia.org/wiki/List_of_countries_by_governmen...
I didn’t mention Germany, not that it’s bad to include it. But unlike the others the US has a growing economy.
Ooops, sorry. Let's throw in the UK too then, and do real GDP growth too (latest data from [2]):
Germany 47.2; 1.3
UK 93.8; 1.3
USA 96.7; 2.3
France 108.8; 0.4
Italy 127.7; 0.8
[2] https://en.wikipedia.org/wiki/List_of_countries_by_real_GDP_...
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