The Deeper Dive: The Nation is on Fire
US Government Debt & Interest and the return of inflation show a nation hell-bent on self-immolation
Immolation is the act of burning something up as a sacrifice. The US seems hell-bent on sacrificing itself in fires of its own creation. Government debt is expanding rapidly due to the accelerant of government spending while the government’s interest rates are now scorching; inflation is coming in hot again; and friction …
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