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R02 · JUNCTION · LAYER 1 OF 15 (DERIVED)Macro Migration

How much government/public debt is there?

READY_UNSCORED ENTRY
THE REGISTERED QUESTION
What has accumulated relative to the system’s ability to carry it?
LEVEL Gate · CONFIDENCE NOT_ASSESSED · DEFINITION DEFINED
FALSIFIABLE CLAIM
Across the jurisdictions represented by the index, consolidated public liabilities and projected debt service will rise faster than nominal productive output and recurring government revenue capacity over the registered measurement window.
STRENGTHENS IF
Debt/output, liabilities/output, projected debt service/revenue, or rollover dependency rise across independent official series.
FRAMEWORK ANCHOR
Ch. 11, Dial One: Cost of Staying
REQUIRES:
FEEDS: MAC-STAY-002 READY_UNSCORED ↓ TRUNK · MAC-STAY-003 READY_UNSCORED · MAC-STAY-005 METHOD_REQUIRED
GATED BY 0 BLOCKED ANCESTORS
MECHANISM · FROM THE BOOK · NOT MEASURED — B
OBJ-MONETARY-COMPETITION-FRAMEWORK · THE SUM-TOTAL COST TABLE
OBJ-MONEY-UNDER-COMPETITION · MONOPOLY MONEY VERSUS MARKET MONEY
BOUND METRICS · 5
M-STAY-DEBT-GDPDebt held by public / GDPESTIMATED % of GDP
M-STAY-DEBT-GROSSGross federal debtOBSERVED USD
M-STAY-DEBT-PUBLICDebt held by the publicOBSERVED USD
M-STAY-PROJ-DEBT-GDPProjected debt / GDPSCENARIO % of GDP
M-STAY-REFIN-12MMarketable debt maturing within 12 monthsESTIMATED USD
ANSWER NO IF
Ratios stabilize or fall through productivity and recurring revenue growth rather than inflation, accounting changes, or one-time receipts.
N W B /