Debt Jubilee and the Uncertain Future of the US Economy

Debt jubilee is not likely to be a single event, but a gradual process./nModeling and predicting debt jubilee is extremely challenging./nHistorically, unsustainable situations eventually come to an end./nThe US is currently spending a trillion dollars on interest on its debt./nThe country may need to reduce its spending or default on obligations./nDomestic and foreign debt holders may be treated differently for political reasons./nThere is a connection between energy, finance, and the concept of debt jubilee.

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