The level of US Government debt as a ratio to GDP has reached historically high levels (~1.2), similar to WWII levels (Source: fred.stlouisfed.org.)
However, what is really scary is the ratio of debt to GDP (~8) if you include the projected shortfall of income and expenses from Social Security, Medicare and Medicaid in today's dollars (Source: US Treasury Financial Report of the United States Government..
How will the US pay this debt back?
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