US DEBT
We live in a world as addicts, debt addicts. We are addicted to debt. More, more, more. It doesn’t matter what happens tomorrow. Tomorrow will take care of itself. The increase in Credit and Debt over the past 2 decades account for the bulk of GDP growth. It is also the main culprit in rent increases, homelessness and why the young can ill afford to buy homes/condos, or start businesses.
It’s almost like borrowing from your bank or charging your credit cards. One day the piper must be paid. That day may not be too far down the road.