When do you think the US Debt will hit 20 trillion dollars?

Gdp to debt ratio is the important number, not the actual nominal amount.

Sure, that's a factor. But there are other factors, like the composition of the GDP being used in that ratio. Some components of the GDP are non-productive, such as government spending. The ratio of debt to GDP is pretty telling in and of itself:

debt-to-gdp.jpg


But when you also account for the net change in the composition of the GDP, it becomes downright scary:


09-07-31_gdp_components.png



Here, then is the ratio separated by each component:

total-usd-debt-to-gdp-1977-2012.jpg
 
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