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The Impact of Debt on the Economy
The book is a distilling of the main things that people need to know, but with historical context and present context as well. It's trying to focus in on the bits that get you there without getting instructed by lots of other things, which are very interesting, but not that helpful. All that comes down to like, so what and what do we do now and we'll get to that in just a sec. Let's talk about debt though, because that's one of the sort of key themes, not just personal debt, consumer debt, but government debt particularly. Yeah, it is absolutely bonkers. If you look at over 100 years, you can barely see the first 50 years