patrick.net

http://www.zerohedge.com/print/469028?fb_action_ids=290969281025955%2C290664987723051&fb_action_types=og.likes&fb_source=other_multiline&action_object_map=%7B%22290969281025955%22%3A418310801576486%2C%22290664987723051%22%3A123354187839534%7D&action_type_map=%7B%22290969281025955%22%3A%22og.likes%22%2C%22290664987723051%22%3A%22og.likes%22%7D&action_ref_map=%5B%5D

Previously, when calculating debt/GDP metrics for the US, we naturally assumed some GDP growth in Q4. Following today's GDP data we now know what Q4 GDP is. We also know that, at least on a preliminary basis, it posted a decline on an annualized basis. This means that we now have an official print for US Debt/GDP as of December 31, 2012.