Expect Unrest
When standards-of-living fall, the people get angry. It's called populism.
When standards-of-living fall, the people get angry. It's called populism.
Broke consumers still want it now.
The growth of private credit is yet another threat to financial stability
All over the world, government debt is rising and rising and rising.
USG now spends more on servicing debt than on national defense.
Just add $225 trillion in debt. Should be fine.