Your country consistently grows 3% in real terms. Inflation (of GDP deflator) remains steady at 1%. Interest rates are at 0%, but the primary budget deficit is at 3% of GDP. If these conditions hold for many years, what will public debt converge to? 128,6 % of GDP Debt will never converge to anything. It will just keep growing 72,1% of GDP Debt will never converge to anything. It will just keep falling until my country owns the entire world