The government will likely face a supply-demand problem due to excessive debt, which could lead to a financial crisis if not addressed.

To resolve the long-term fiscal situation, the only way is through faster growth, not inflation, which could lead to hyperinflation like in 1930s Germany. If you grow faster than your economy can catch up, you can pay down debt as you grow, which is why there's a push for a higher rate of growth.

The unsustainable debt growth we're witnessing, particularly from the government, is a significant concern for the economy.

The projected deficits are alarming, and we need to address them before they lead to a crisis.

Inflation may not go away easily, and spending is inherently inflationary, especially if not directed towards productive investments.

Healthcare costs are rising rapidly, and if left unchecked, could consume an increasing share of the economy, leading to significant financial strain on taxpayers.

When debt growth accelerates, it typically leads to rising interest rates and a tightening of monetary policy, which can pop the debt bubble.

The government often resorts to printing money to manage debt, which can lead to inflation and devaluation of currency, complicating economic stability.

The first major issue we'll face in 2025 is the budget crisis, which will disrupt the treasury market and, consequently, all other markets.