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0 sats \ 2 replies \ @TomK OP 20 Oct 2023 \ parent \ on: How China's Move Could Redefine Global Finance meta
Of course You should do a realistic calculation and add hidden debt and discounted future obligations. But the relation holds economically.
Totally. I'm trying to think of an example when that relation isn't as important as total debt load, but as with most things in economics it seems amounts and figures hold far less meaning in a vacuum.
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That's correct. You need points of orientation to make things measurable and comparable.
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