Because debt levels are extremely high, there are only five ways the debt burden can come down: austerity, default, very high growth, hyperinflation, or financial repression; the determining question is which of these is politically acceptable.
factualpending
Speaker
Russell NapierEvidence Quote
“those are the questions you've got to ask. Which of those five is it going to be? And when you ask those questions, you're really asking a question of politicians”
Created: 6/18/2026, 1:59:14 PM
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