The Hidden Forces of the Debt Cycle

There has been a sense, I think, that lots of people have had that there are underlying hidden forces to reference the name of another great podcast. That basically all market participants are subject to even if we don't want to be or even if we can't quite see them. The record of the decisions made over the course of the last set of decades to address demographic changes and what that has left us in terms of where we are with the debt cycle.