Occasional Tweets: "We are in a debt trap" ― how could this happen?

 

#DebtTrap

The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. #PrivateFinancialWealth grows in lockstep with #PublicDebt & in the form of #Bonds becomes the #Interest #CashCow for the #Oligarchy. #WeThePeople owes the #Debt & is taxed for interest. pic.twitter.com/6DhM8wn3JK

— E.K-H (@AXECorg) January 6, 2023

Related 'On the saying “We owe the debt to ourselves”'

For details of the big picture see cross-references Deficit/Debt.