The Soapbox

Shenhoo

Joined: 01/04/2001 Posts: 35199
Likes: 51336


The IMF seems to be having trouble finding the Tax Fairy.


From Bloomberg.

"Mamma Mia!

In five years, the U.S. government is forecast to have a bleaker debt profile than Italy, the perennial poor man of the Group of Seven industrial nations.

The U.S. debt-to-GDP ratio is projected widen to 116.9 percent by 2023 while Italy’s is seen narrowing to 116.6 percent, according to the latest data from the International Monetary Fund. The U.S. will also place ahead of both Mozambique and Burundi in terms of the weight of its fiscal burden."

Posted: 04/18/2018 at 1:10PM



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