[JU_88]

"Growth is the lifeblood of an advanced society. It's how we fund everything from the army to the NHS"


No, this kind of non organic 'Growth' is the lifeblood of a moronic society riding out the tail end of a 50 year debt binge and sleep walking in to a disaster, Infinate growth in a finite world doesnt end well as we are currently finding out, but eventually end it must.
We cant let GDP contract or else our borrowing costs rise, so then its harder to service the national debt and meet our obligations.
2025 will see the money printers back in action to save us from doom with another artifical liquidity cycle, so get ready for another 10-18% of your purchasing power to be wiped out if you are 100% in central bank issued cash of any kind.
But if your are in Real estate, gold, bitcoin or other assets - it should be a hoot.
There will surley be more cries of 'the rich are getting richer and poor are getting poorer' while everyone fails to spot the elephant in the room (the rich hold assets, while the poor hold what little cash they can, and the latter is slowly bleeding out much too rapidly for wages to keep up)
It would be funny if it wasnt so sad.


A quarter of ALL GDP in the world is now spent on 'servicing' debt - not paying it down, just covering the interest, thats where we are at and I dont call it 'advanced' I call it 'irresponsible and living beyond your means'. If some one does that with credit card you will call him an idiot. You can replace Starmer with a certified genius or a ham sandwich, it wont make alot of difference at this point. There is no magical pain free way out.