Economic stability is under threat as nations increasingly rely on debt to fuel growth. Recent data from the U.S. reveals a troubling trend: each unit of productivity gain now requires exponentially more debt, creating an unsustainable economic model. This pattern isn't unique to America—it's mirrored in Keynesian economies worldwide, particularly in the Eurozone.
The EU's ambitious plans, spearheaded by figures like Mario Draghi, to inject €800 billion annually into the economy, highlight a critical issue. As government spending swells, private sector productivity growth stagnates. This imbalance raises serious questions about the long-term viability of debt-driven economic policies.
Graphic: James Lavish on 'X'