Why Record Debts Make UBI Inevitable - Financial Alchemy on Steroids
The world’s most highly indebted nations also bizarrely known as the world’s richest nations or most economically developed nations face record levels of debts, that simply cannot be contained within the existing monetary framework. Over time, this will ensure that some form of Universal Basic Income becomes inevitable. Because, fundamentally, all debts public & private are only manageable if spending stays high and incomes don’t collapse.
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00:00 Intro
00:59 Reward Debtors/ Hammer Savers
02:18 The High Debt/ Structural Decline Paradox
04:00 The New Monetary Architecture
06:53 Why This is a Necessity
07:47 But it’s Built to Break
Miles Harris
15.11.25
#ubi #milesharris
