For any problems they face, governments all over the world are now conditioned to simply deficit spend or issue new $trillions in ‘thin air’ currency.
So how in danger are we of that recklessness leading to a breakdown of the entire system?
Respected financial analyst Michael Every suspects we’re closer than most realize.
As governments continue to flood the world with debt-funded stimulus, they not only fan the flames under the social powderkeg of wealth inequality, but they are destroying their own powers in the process.
Up until the Great Financial Crisis, a dollar in new federal debt issued resulted in more than $1 in incremental GDP.
by time2help 
