“For Rajadhyaksha, it is “simple and uncomfortable.” The developed world “has too much #debt, too little #fiscaldiscipline, and no political appetite for fixing either.” If there’s a trigger, it has been the #Iranwar and the resulting #shock to #oilsupply.”RE: https://bsky.app/profile/did:plc:5zca2ola2zxpkw37w4f3wxtu/post/3mmjk2e5nak26
