Debt

Really any debt graph could be used here, but I like this one as it goes up to Q1 2025. A lot of this debt is not getting paid back, mainly the government debt. Governments have no incentives to curtail their debt until forced to do so and the confidence trick fails to support the current low interest rates. Governments will continue to roll, extend and expand their debts.

There is no magic solution, there is increased certainty of erosion of the purchasing power of fiat currency.

A rational actor; individual, collective or corporate needs to protect themselves against this erosion by hard assets.