For years, I’ve warned of the dangers of unaffordable government spending commitments, an economy fuelled by cheap credit and QE, and bubbles that will burst, probably the biggest in history.
Here’s the briefing: https://stevebaker.info/2022/07/defaulting-on-the-welfare-state/
Read the book: https://stevebaker.info/2022/07/are-we-in-the-largest-bubble-in-history-an-austrian-school-analysis-by-steve-baker-mp-max-rangeley/
Watch the movie: