Debt and GDP is only loosely related. Nations only need to service their debt no... | Hacker News

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Retric on Feb 10, 2017 | parent | context | favorite | on: H-1B visas mainly go to Indian outsourcing firms

Debt and GDP is only loosely related. Nations only need to service their debt not pay it down in some short time period. Thus, 14.3 trillion in (debt) * (current interest rate - inflation) or around 14.3 trillion * (2.423% - 2.20%) = 28.6 billion per year or ~1/500 GDP aka peanuts.

throwaway251 on Feb 10, 2017 [–]

That's assuming there is still growth and inflation - who are going to be the buyers?

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