>>513808164
>debt-to-gdp which is totally meaningless
it has meaning (globally, not just for the United States / its sovereign treasury)

https://en.wikipedia.org/Debt-to-GDP_ratio

>>512980506
>how fake and gay the economy has been for a while
Correct.
most of the west's GDP (over 40 percent) for the past few decades consists of government spending / contracts / jobs. So whenever we see any article or chart in any source or from any agency zestily discussing 'GDP' of nations/comparing it all, it's largely governments themselves. Actual durable goods manufacturing output of the west has plummeted since the 1970s. The west today, economically and GDP-wise is a gov-sponsored and -funded simulacrum of its former self

The real stake to heart of it though, is:
https://en.wikipedia.org/wiki/Debt-to-GDP_ratio

>>509829240
>GDP


https://en.wikipedia.org/wiki/Debt-to-GDP_ratio

>>509626555
checked and correct, This.

Erosion of western culture—as I posted upthread—has been occurring since the decade of the 1980s, when green light was given to Financialization of the global economy along with greasing skids for the specific geoeconomic policy of (Thatcher--Reagan era) neoliberalism, off-shoring of the west's own manufacturing productive capacities and assets... This is when the hollowing out of all society and culture began in earnest and 'new' organic cultural production in society ossified and eventually (by 2000s completely) halted. All of this, 1990s-2025 accompanied by increased stagnation in the Real Economy of goods-services-commodities (yes, and wages also) across the west.

>OP memeflag
Yes the 1944 Bretton Woods conference set up the entire post-World War II global order.
We are today 2025 coming to the end of that order with the collapse of the global debt (bond) market.

>muh GDP
Thanks to every country after the 1960s being dependent on debt note fiat currency issued from private central banks, it's a worldwide Debt-Based Economic Model.
Debt outstrips all spending and production, globally. There isn't any 'GDP' it's all Debt.

See: >>509040539
https://en.wikipedia.org/wiki/Debt-to-GDP_ratio

>>507876635
>How high can the debt to GDP ratio get
Valid question.
Debt-to-GDP is an important metric of all post-World War II economic growth globally.
The 1944 Bretton Woods conference set up the current economic order, with U.S. and its dollar in the lead. But lending and debt became the foundation (see above^^^) for all governments' platforms and spending, while the dollar itself, especially after 1971, was decoupled from metal backing and became fiat. So the entire system now relies upon Debt itself as the guarantor of its worth and confidence, nothing else. The system is backed by *nothing else* but Debt

December 2019 clip, highly prescient:
https://www.youtube.com/watch?v=SMHQaxd5N-Q