Quite a mouthful there in a single sentence! It’s the encapsulation of everything I am trying to conceptualize right now. So far I’m not seeing things the same way .. call me old fashioned I guess. I see a tsunami of interest payments swelling to perhaps twice what we spend now .. 250 billion a year .. to 500 billion and more. The bankers have us right where they want us.
Just check out this graph and imagine interest rates climbing as they are starting to do ..
I would like to think that somehow we could just sidestep all this debt much like how the Romans did with each new ruler. They treated debt much like a game if you knew the system. I wonder how many did?