X @Balaji

If a car is headed downhill, and swerves left, and then right, and then further left, and further to the right, it doesn't actually arrest the descent. However, all the swerving may make the car crash faster.The G7 is like that car. It's the descending world. https://t.co/nAN6ntxgPGRay Dalio (@RayDalio):History shows us that having too much debt during an economic downturn leads to a classic, self-reinforcing cycle where:1) The empire can no longer borrow the money to repay its debts2) It prints a lot of ne ...