Economy
History of US federal debt as percentage of GDP: Why is this now important?
Submitted by Research on June 25, 2010 - 14:05The increase in US federal debt as a percentage of GDP and in absolute terms is unprecedented and could therefore be a major risk for long term investors.
In this article we will see how the US federal debt has developed as a percentage of GDP for the last two centuries. We will point out why the growth is unprecedented even when the debt percentage has been higher in the past.
The next article following this one is about what is ahead for the US Dollar.