Banking and Debt Crisis

The banking system is essential for government funding, leading to the necessity of bailouts through money printing whenever it faces threats. With the US debt skyrocketing to 130% of GDP, historical patterns indicate that this level often precedes defaults, whether through currency depreciation or financial repression. Additionally, the current inflation is exacerbated by reduced productivity and geopolitical tensions over natural resources, challenging the traditional dominance of the US and Western Europe.