On top of all this is the fact that these deficits come during a time of supposed recovery. But the “recovery” has been ramped up by creating trillions of new dollars and allowing people to borrow at effectively negative interest rates, certainly after inflation. This is all very decadent.
Eat, drink, and be merry, for tomorrow we die. That’s not the attitude of a rising civilization.
https://www.lewrockwell.com/2019/07/doug-casey/americas-late-stage-decadence/
