Here's the Tweet that kicked off a Twitter thread where this newsletter was shared by its author:

If you’ve never heard of a debt spiral, it’s time you did,

and ask the question, "is the US already in one?"

Let’s dig in and answer that.

A debt 🧵👇

https://twitter.com/jameslavish/status/1562078899609096192 https://nitter.it/jameslavish/status/1562078899609096192 <-- Shows the thread in a single, easy-to-read, web page