Originally Posted by BonzoAPD
Once again you are saying that all the economists of the world are wrong by that statement. So when did you get your Nobel Prize in Economics?
Lordy.
Originally Posted by MrFatbooty
The statistic of national debt as a percentage of GDP is used for comparing the state of one country's economy in one particular year to the state of another country's economy in the same particular year.
It is not used to compare the state of one country's economy to itself in a past year. This is precisely because debt is cumulative while GDP is not.
So now read your reply to this post the first time I posted it, follow to this point, and repeat.