This is a Sad chart for civilians, for common people, for driving humanity in a stable path.
In this article I briefly explore the relationship between debt, politics, the effect of assets classes and why Bitcoin is the Keynesian Black Hole.
Government debt is usually a bad sign that the rulers have no rules for themselves.
The charts shows that the debt burden for biggest nations, newborn citizens of these countries inherit this value to pay with inflation or taxes. Also, in 2020, the US debt rose u$7 trillions in 27 months, doubling after over the value of a century of history.
This leads to inflation, money 🤑 printing and another cycle that rallies sticks and now crypto.
The so called Keynesianism was created to being fiscal stimulus for precise investments with higher society returns in the real economy, besides an anti cyclical monetary movement.
Keynes became a symbol of what not to do in our societies, but election after election this is forgotten, making the poor having less each new unnecessary coin minted.
That's why I personally call speculation bubbles 'keynesian black holes', because after a point where there's so much money in the market, the FOMO acts as a catalyst and prices moves parabolically.
Main examples of Keynesian Black hole: Real Estate, Stock Market an Specially Bitcoin.
For me, BTC is the ultimate Keynesian Black hole, due to its native digital nature, scarcity beyond time and space. Show Less
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