If incomes fail to grow as quickly as debt and debt service, the ratio of debts to incomes will mechanically grow, which will require increased borrowing to service debt as well as to spend. The cycle goes from low to high to unsustainably high debt and debt service relative to incomes.
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WalletDetective
· 08-11 11:32
Help, I've fallen into the debt black hole again.
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GasDevourer
· 08-11 03:58
The more you borrow, the more you owe, and there seems to be no way out.
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AirdropHunter007
· 08-09 19:26
Too much debt, no worries. Just let it be.
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NeverVoteOnDAO
· 08-08 14:05
Whoever borrows money first is the grandson.
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BearMarketSurvivor
· 08-08 13:59
Veteran Alert: Another round of the debt Supercycle has begun.
If incomes fail to grow as quickly as debt and debt service, the ratio of debts to incomes will mechanically grow, which will require increased borrowing to service debt as well as to spend. The cycle goes from low to high to unsustainably high debt and debt service relative to incomes.