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22 sats \ 2 replies \ @Undisciplined 25 Sep \ on: Government Debt Projections For G7 Countries (2024-2029F) econ
I predict that every one of those projections will be too low.
@remindme in 5 years
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32 sats \ 1 reply \ @0xbitcoiner OP 25 Sep
I don't know if they're low. We mustn't forget that these projections are relative to GDP, so we may even have an increase in debt, but if GDP also increases, we may have a lower relative debt. That's what happened here in Portugal.
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21 sats \ 0 replies \ @Undisciplined 25 Sep
At least in the US, deficits are consistently underestimated by large amounts. That's the trend I'm projecting forward.
Now, it's possible governments just can't keep up with the coming AI productivity boom, but I doubt that's a next-four-years story.
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