Birdwatch Archive

Birdwatch Note Rating

2024-06-11 16:05:20 UTC - HELPFUL

Rated by Participant: 1389CCD31FF643D2AF0F95C7912824A1F3B721A48A4B7F4717EDAF1AF9C22058
Participant Details

Original Note:

The ratio of debt to GDP was 60% when labour left office. It is now 100%. A country with a sovereign currency cannot go bankrupt, and to describe the situation when debt was proportionally lower than it is now as such, is disengenuous. https://www.taxresearch.org.uk/Blog/2023/04/18/modern-monetary-theory-an-explanation/

All Note Details

Original Tweet

All Information

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  • helpfulnessLevel - HELPFUL
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