Stan Druck on the Debt Ceiling

We should be focusing on why we're in the situation with the debt ceiling every single year, right? How do we solve the huge amount of debt that has built up? Obviously, he's talking about it from a US perspective, but it's probably many countries. I think there's a linear thinking that happens when you start thinking relating a country like the U.S. or Europe to a human being and an individual: "Oh, well, you spent like a drunk sailor." And I don't think markets really work that way. In a fiat world, which is what we live in, the exorbitant privilege of the primary currency of trade,. which can change. You could

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