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0 pointsgauravphoenix1y ago0 comments

>The US probably hasn't been this economically dominant since after WWII.

now look at the deficits.

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Which are roughly like me having a mortgage that’s the same as my annual salary. Which is quite commonplace.

It’d be a problem if we had to pay it all off tomorrow, but we don’t.

depends on the mortgage if it is fixed or variable.

it is like borrowing at higher rate than the rate at which are are growing our income.

Current value for that metric is the same as 1985, if you expand the chart.

j / k navigate · click thread line to collapse

Which are roughly like me having a mortgage that’s the same as my annual salary. Which is quite commonplace.

It’d be a problem if we had to pay it all off tomorrow, but we don’t.

depends on the mortgage if it is fixed or variable.

it is like borrowing at higher rate than the rate at which are are growing our income.

Current value for that metric is the same as 1985, if you expand the chart.

j / k navigate · click thread line to collapse