These data visualizations bother me. Not sure exactly how to render tactically actionable, but strategically I have to consider more dire scenarios in my risk management strategies.
He closes with, quote: “As I stated above, the U.S. has been running MMT for the last three decades, and has resulted in social inequality, disappointment, frustration, and a rise in calls for increasing levels of socialism.
It is all just as you would expect from such a theory put into practice, and history is replete with countries that have attempted the same. Currently, the limits of profligate spending in Washington has not been reached, and the end of this particular debt story is yet to be written. But, it eventually will be.”