A Closer Look At Germany's Death Spiral

Subscriber Bill G responded to yesterday’s post on Germany’s financial/cultural death spiral by asking:

“And when did debt to GDP cease to be a good measure of economic health? https://countryeconomy.com/countries/compare/germany/usa?sc=XE02”

His point is that if Germany’s government debt is only 65% of GDP, that country is — by definition— in way better …