GREATEST CREDIT BUBBLE IN HUMAN HISTORY.

"Still, the Congressional Budget Office warned in a June report that higher interest rates and the mounting national debt could lead the federal government’s net interest payments to spike to 6.7% of GDP by 2053."
“Such high and rising debt would slow economic growth, push up interest payments to foreign holders of U.S. debt, and pose significant risks to the fiscal and economic outlook; it could also cause lawmakers to feel more constrained in their policy choices,” the report’s authors explained.
Some critics have gone a step further in their warnings about the potential impact of an increasingly indebted U.S. government. Mark Spitznagel, founder of the hedge fund Universa Investments, told Fortune in August that we’re living through the “greatest credit bubble in human history.”
“We’ve never seen anything like this level of total debt and leverage in the system. It’s an experiment,” he said. “But we know that credit bubbles have to pop. We don’t know when, but we know they have to.”

SOURCE:
https://www.google.com/amp/s/fortune.com/2023/09/18/janet-yellen-national-debt/amp/

Comments

🏗️ Corporate Complicity in Genocide: The Global Economy Behind Gaza’s Ruin.

📅 July 5, 2025 “We are witnessing not just genocide in Gaza—but a genocide made profitable.” — UN Special Rapporteur, A/HRC/59/23 “This report is written from the heart of darkness . It is penned with a broken hand from a broken land for a broken people . But its words are not broken . They are the words of law and of longing . They are the words of those who are not yet silenced . It is written for Palestinians , first and foremost. It is also addressed to those who remain silent , indifferent or complicit . And it is a call to action for those who are not.” — Introduction, UN Report A/HRC/59/23 In an unprecedented and unflinching report to the UN Human Rights Council, the Special Rapporteur on the Occupied Palestinian Territory has laid bare the truth that much of the world’s corporate, academic, and financial architecture is actively complicit in Israel’s occupation, apartheid, and now, genocide in Gaza. This isn’t just about military aggression . This is about the mac...

The Cracks Are No Longer Hairline

For decades, Washington treated support for Israel as something beyond debate. It was political scripture. Republicans defended it. Democrats defended it. Presidents came and went, wars came and went, thousands died, settlements expanded, Gaza burned, and the checks kept arriving. Questioning the arrangement was once political suicide. Now the walls are cracking. This week, more than half of House Democrats either voted to end U.S. aid to Israel or refused to oppose doing so. The amendment failed, but something far more important succeeded. The illusion collapsed. For years, American politicians insisted that criticism of Israeli government policy belonged only to "the fringe." Apparently the fringe has become half the Democratic caucus. History has an unusual sense of humor. The same establishment that spent years dismissing students, academics, humanitarian workers, doctors, journalists, and millions of protesters as naïve, radical, or antisemitic now finds itself strugglin...

When the Soup Kitchens Begin to Die

There is a special kind of cruelty in watching not only a society collapse, but also the last institutions keeping it alive. For nearly three years, Gaza's humanitarian lifeline has increasingly been reduced to a queue for a single meal. Parents no longer ask their children what they would like to eat. They ask whether there will be anything to eat at all. Childhood has become measured not in birthdays, classrooms, or family gatherings, but in ration lines, empty cooking pots, and the uncertain arrival of humanitarian assistance. Now even those fragile lifelines are disappearing. The gradual closure and scaling back of World Central Kitchen (WCK) operations reflects a convergence of financial pressures, operational insecurity, and restrictions affecting humanitarian access. According to World Central Kitchen and the Israeli human rights organization B'Tselem, kitchens that once produced approximately one million meals each day have been progressively reduced, leaving only a han...

WORLD OF EXCESS. Quotes of Corrine Maier

" we live in a world of excess: too many kinds of coffee, too many magazines, too many types of bread, too many digital recordings of Beethoven's Ninth, too many choices of rearview mirrors on the latest Renault. Sometimes you say to yourself: It's too much, it's all too much." ~ " We live in a society of ants, where working and reproducing represent the ultimate objective of the human experience. Work is the opiate of the people; will children be their consolation? A society where life consists of earning a living and raising your kids is a society with no future, since it has no dreams. Having a child is the best possible way to avoid asking what the meaning of life is, as everything revolves around that child, who is a marvellous substitute for the existential quest." "When you are "recruiting" people in temporary positions for the firm ( short term contracts, free lancers) treat them well, remember: they are the ones who actually do a...

The Ceasefire of Exhaustion: When Empires Collapse from Within

By Malik Mukhtar — ainnbeen.blogspot.com Two years after Gaza was first set on fire , the war that began with biblical vengeance has stumbled to an exhausted ceasefire . On October 9, 2025 , Israel and Hamas — after endless carnage, famine, and rubble — have signed the first phase of a ceasefire agreement mediated in Sharm el-Sheikh . Trump called it a “ historic peace plan. ” History may call it a truce of attrition — a war that collapsed under the weight of its own hubris. What the Ceasefire Says — and What It Doesn’t Under the agreement, Israeli forces are to pull back to a designated “yellow line” within 24 hours of cabinet ratification. Hamas, in turn, will release all remaining hostages — alive or dead — within 72 hours after the withdrawal. Israel will free about 2,000 Palestinian prisoners, though it made sure to exclude political figures like Marwan Barghouti , whose freedom would remind the world that Palestine still breathes. Humanitarian convoys — food,...

Ainnbeen

Search This Blog