/biz/ - Business & Finance

>>53335816
Not to mention how the metric used is always the stupid ass debt / yearly GDP. Yeah, sure, let's just take the salary for one year into account. Let's not take everything else into account, such as everything that has been build over centuries. And even there, that's just a fraction of the riches a country has.
Debt will go to 500% and more, and even there it's a non issue. Nobody bats an eye when anyone becomes a debt slave at 500% to buy a pile of cinder blocks, heck, doing so is even considered being successful, somehow. Not to mention how the bank takes the assets into account, not just the yearly salary.