Generally speaking debt to GDP is a good indicator for that. If you borrow money and invest it well, which for a governement means infrastructure and education spending(also has to be done well though), then your economy should grow faster then your debt. However there is a big issue here, in that some countries have their central banks print money and then buy government debt with that. When that happens that is basically just the government lending money to itself, so a big fat zero.
But a lot of US growth is debt fueld. Wars cost a lot of money after all.
Hm, ETFs usually grow by about 7-8 % historically. The US dept grew by 7,9 % historically. Is all the growth we see just money being borrowed?
Generally speaking debt to GDP is a good indicator for that. If you borrow money and invest it well, which for a governement means infrastructure and education spending(also has to be done well though), then your economy should grow faster then your debt. However there is a big issue here, in that some countries have their central banks print money and then buy government debt with that. When that happens that is basically just the government lending money to itself, so a big fat zero.
But a lot of US growth is debt fueld. Wars cost a lot of money after all.