By Larry C. Johnson
Sonar21
May 15, 2026
The Direct Comparison of Debt to GDP
This article is longer than my usual contribution, but the issue is of critical importance. Donald Trump's meeting with Xi Jinping is taking place at a time of unprecedented economic turmoil caused by the closure of the Strait of Hormuz. As I have discussed in my recent articles, the disruption of the supply chains for oil, Liquid Natural Gas, sulfur, helium and urea marks a global event that has not happened in modern history.