I've often wondered about mounting government debt and what the end point is. In other words, when will interest payments exceed all other expenditures, and at what point does it become impossible to pay for anything other than debt interest.
This is an important question. We hear about increasing deficits and debt almost daily, yet there is almost never a reversal. It's almost as if there's a belief that there is no end point and that governments can simply increase debts forever with no consequences. Are we doomed to collapse?!
Think about it for a second governments owe trillions provinces owe billions municipalitys owe millions citizens on average owe hundreds of thousands do that world wide and you realize that very very few finance the financial sector who could these people possibly be? The Rockefellers discovered the mathematical formula in the 1940s that made them realize money flows can actually control entire country's $$ is just printed paper who owns the printing press are federal reserves worldwide controlled by the central bank in Switzerland believe it or not do some research