Notes from the End of Time with Kenaz Filan

Notes from the End of Time with Kenaz Filan

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Notes from the End of Time with Kenaz Filan
Notes from the End of Time with Kenaz Filan
The Moneylenders in the Temple
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The Moneylenders in the Temple

A brief history of modern usury

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Kenaz Filan
Oct 23, 2023
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Notes from the End of Time with Kenaz Filan
Notes from the End of Time with Kenaz Filan
The Moneylenders in the Temple
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United States Private Debt to GDP, 2013-2022

Modern America runs on credit. We take out mortgages to buy homes; we take out loans to buy cars and educations; we treat ourselves to expensive new toys and charge it to our credit cards. In 2022 US public debt (debts owed by federal, state, and local governments) amounted to nearly 120% of our GDP. Corporat…

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