Is the National Debt Really a Problem?

The U.S. national debt is now pushing levels deemed unthinkable even a decade ago. Since the onset of the pandemic, the domestic debt-to-GDP ratio has exploded from an already elevated level of around 105% to over 129%. Yet many analysts decry the panic stirred up by deficit hawks. Does domestic debt offer a true picture of the nation’s economic health? Presented by @CME Group:

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