A fair amount of that income comes from foreign sources. The GDP is pumped by foreign wealth, thats a good thing for US, but it makes the denominator in your calculations wrong and makes the situation look worse than it is. It is still bad, but you can't compare US ratio to Europe ratio. The US is a significant exporter (e.g. US technology companies) and thats a good thing for US interests.

A fair amount of that income comes from foreign sources. The GDP is pumped by foreign wealth, thats a good thing for US, but it makes the denominator in your calculations wrong and makes the situation look worse than it is. It is still bad, but you can't compare US ratio to Europe ratio. The US is a significant exporter (e.g. US technology companies) and thats a good thing for US interests.

A fair amount of that income comes from foreign sources. The GDP is pumped by foreign wealth, thats a good thing for US, but it makes the denominator in your calculations wrong and makes the situation look worse than it is. It is still bad, but you can't compare US ratio to Europe ratio. The US is a significant exporter (e.g. US technology companies) and thats a good thing for US interests.

Tom Larkworthy

Cloud consultant at Futurice GmbH. Ex-Firebase, Ex-Google Cloud.

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