Real US Government Debt Levels Are Closer to 2,000% of GDP?

• WallStForMainSt Streamed live on Sep 9, 2019
  AB Bernstein came up with the calculation — 1,832%, to be exact — by including not only traditional levels of public debt like bonds but also financial debt and all its complexities as well as future obligations for so-called entitlement programs like Social Security, Medicare and public pensions. Real US debt levels could be a shocking 2,000% of GDP, a Wall Street report suggests https://www.cnbc.com/amp/2019/09/09/r…
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  “During the July – September 2019 quarter, Treasury expects to borrow $433 billion in privately-held net marketable debt, assuming an end-of-September cash balance of $350 billion. The borrowing estimate is $274 billion higher than announced in April 2019. The increase in borrowing is primarily driven by changes in cash balance assumptions. During the October – December 2019 quarter, Treasury expects to borrow $381 billion in privately-held net marketable debt, assuming an end-of-December cash balance of $410 billion.”
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  TREASURY ANNOUNCES MARKETABLE BORROWING ESTIMATES FOR REST OF 2019 https://home.treasury.gov/news/press-…

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