X @Nick Szabo

RT The Kobeissi Letter (@KobeissiLetter)The world is heading into a historic debt crisis:Global government debt is projected to surge to 102% of GDP by 2031, a level previously seen only in the aftermath of World War II, according to the IMF.World government debt already stands at ~94% of GDP.Debt-to-GDP has risen +16 percentage points since 2015, with the US and China responsible for the majority of the increase.This comes as the US is running a government deficit of 7-8% of GDP, with debt projected to ris ...