The problem that is often overlooked is that while the debt-to-GDP ratio may not look all that bad right now, those unfunded liabilities just seem to keep on growing, as successive governments make promises to the voters that then have to be met by future governments.
by Chauncey Tinker, 18 Apr 2022
First we had the coronavirus pandemic, then came the war in the Ukraine, next apparently there will be a cyber pandemic which is apparently going to be much worse than the COVID-19 crisis. This is according to the head of the World Economic Forum, Klaus Schwab.
by Chauncey Tinker, 7 Mar 2022