Having high debt is fine as long as GDP grows with it. When you start to getting worried is when the debt to GDP ratio starts expanding. The US D/GDP ratio jumped during Covid because of all the money printing and stimulus bills, but has actually decreased by about 8% since the Covid high.
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Having high debt is fine as long as GDP grows with it. When you start to getting worried is when the debt to GDP ratio starts expanding. The US D/GDP ratio jumped during Covid because of all the money printing and stimulus bills, but has actually decreased by about 8% since the Covid high.