SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Castle -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (241)11/11/2002 12:49:25 AM
From: tejek  Read Replies (1) | Respond to of 7936
 
<?i>If I remember correctly, the EU requirement was that debt should not exceed more than 3% of the GDP. If I am right, the US would not make the cut.

The limit on deficits not national debt is 3%. If you apply the 3% standard to the national debt then none of the EU countries can meet the standard.

Tim, are you sure? I thought they were also concern with total debt as it compares to GDP.

ted