Thread: US default a greater risk than Evergrande meltdown

Originally Posted by Norton

Ironic the Chinese are so concerned when their debt is 271% of gdp and the US is 127%.

Where are your numbers from?

This is from:

• United States - National debt in relation to gross domestic product (GDP) 2026 | Statista

National debt in the United States in relation to gross domestic product (GDP) from 2016 to 2026*

This is from:

• China: national debt to GDP 2026 | Statista

National debt in relation to gross domestic product (GDP) in China from 2009 to 2019 with forecasts until 2026

Figures marked with *, 2020 to 2026, are estimates.

The top graph, USA, indicates 127.11 (% National Debt to GDP) for 2020. (It probably does not include the current bill for USA infrastructure yet to be passed.)

The bottom graph, CHINA, indicates 66.83 (% National Debt to GDP) for 2020.

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There is also anothe table:
National debt of important industrial and emerging countries in 2020 in relation to gross domestic product (GDP)

here:

• National debt of selected countries in relation to gross domestic product (GDP) 2020 | Statista