“Government debt hits x% of GDP…”. Ignore these “news” pieces, they mean nothing…

The government’s debt as a % of GDP means absolutely nothing. There is no correlation between the two, no cap on government debt issued in its own currency. It does not create “debt for our children to pay”. Ignore any news article or economist who says otherwise.

Dívida pública brasileira sobe para 90% do PIB e bate novo recorde