164 days ago • Posted by Charles-Henry Monchau

U.S Total Debt-to-GDP

US total debt has skyrocketed during the Covid-19 recession and is approaching 300% of GDP. Massive fiscal and monetary stimulus as well as heavy bond issuance by corporates are the main drivers of the spike in debt. Hence, questions about debt sustainability are popping up everywhere. In the near term, however, this is unlikely to be an issue simply because debt is cheap. Source: Federal Reserve Bank of St. Louis, Jeroen Blokland 

U.S Total Debt to GDP