Modern Life is Rubbish

“To be hopeful in bad times is not just foolishly romantic. It is based on the fact that human history is a history not only of cruelty, but also of compassion, sacrifice, courage and kindness… The future is an infinite succession of presents, and to live now as we think human beings should live, in defiance of all that is bad around us, is itself a marvelous victory.” ~ Howard Zinn.
Showing posts with label Budget Deficit. Show all posts
Showing posts with label Budget Deficit. Show all posts

Sunday, October 23, 2011

A Simplified Assumptions of a Budget Deficit


GDP & Debt correlation
Malaysia
Simplified assumptions and estimates of a Budget Deficit policy:
Interest rate on debt (est): 4.00% (average taken from here
GDP rate of growth* (est) : 5.00% (optimistic estimate)
Debt rate of increase^ : 7.95%