I saw🔗 this in Visual Capitalist today.

No mention of New Zealand where a lot of people complain about the country’s debt, so I thought I might explore - and found this in Macro Trends.

And sure - while we are higher than historical - it isn’t unprecedented - even in the past twenty years. 2003 and 2012 clearly standing out from the crowd. (I wonder what was happening around the globe at that time - rhetorical folks .. and that’s the point - whatever Kiwi leaders might like to think, they are in the gravitational pull of ‘RoW’. That said, the country is clearly doing a lotte better than average.