The Consequences of the Massive Debt that we are in

Here is an interesting interview talking about the fact that once debt has been accumulated over decades there is no easy solution solution to get rid of it.  The debt has to be confronted and the pain has to be worked thru.  Currently politicians want the easy magical solutions.  Central banks the last few years have been loading on debt and keeping interest rates historically low in a desperate attempt to revive the economy all without effect.




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