All those random clips from 70s made it more complicated than just showing graphs

There are several reasons why high borrowing costs are likely to remain in place for the foreseeable future: Central bank policies: Central banks play a crucial role in determining interest rates. In response to economic conditions, central banks may choose to keep rates low or increase them. In recent years, many central banks have kept rates low in an attempt to stimulate economic growth following the global financial crisis. However, as the global economy recovers and inflation picks up, central banks may start to raise interest rates to control inflation. Higher interest rates lead to increased borrowing costs for businesses and individuals. Government debt levels: Many governments around the world have accumulated high levels of debt in response to fiscal stimulus measures. High levels of government debt tend to push up borrowing costs as investors demand higher returns for the perceived increased risk. As governments continue to grapple with high debt levels, borrowing costs are likely to remain elevated. Market volatility: Uncertainty and volatility in financial markets can lead to higher borrowing costs. Investors become more risk-averse during periods of market turmoil and may demand higher interest rates to compensate for the perceived higher risk. Factors such as geopolitical tensions, trade disputes, or economic recessions can contribute to market volatility and higher borrowing costs. Inflation expectations: Inflation erodes the purchasing power of money over time. If individuals and businesses expect higher inflation in the future, they may demand higher interest rates to protect against the erosion of returns. Central banks may also raise interest rates to curb inflationary pressures. As inflation expectations rise, borrowing costs are likely to increase. Increased regulation: Since the global financial crisis, regulators around the world have introduced stricter lending standards and regulations to prevent another crisis. While these measures aim to enhance financial stability, they can also lead to higher borrowing costs for businesses and individuals. Increased compliance costs and capital requirements for lenders can translate into higher interest rates for borrowers.

While inequity is a cause for concern for the coming years, this video's topic is not on wages.

@narikhamster1343 well it should be. Wages directly affects America's spending habits and lead to inflation/deflation periods and events. This also affects the velocity of money which can lead to stagflation. If wages were to out pace inflation the spending would increase the demand for debt would dropped and therefore dew to the law of supply and demand, debt would be cheaper by far.

The video is not talking about wages... it will need seperated video to discuss that matter... Just so you know that real wages is not a simple thing to discuss, especially with deteriorating of USA infrastructure and the significantly low manufacturer cost in China... USA is already becoming not competitive in global trade, and wages is surely complicate the matter

@pradanal.m.r.8276 I don't agree...just the simple statement of "wages have been out paced by inflation for x numbers of years has added to the growth of debt" would have been fine. There was no mention of wages reflecting the use of debt anywhere in the video.

Same as US but slower and worse in every way hahaha

@@JordanDurzi Major economies had stopped buying US debt (tbills), so i beg to differ. That's why the situation of Europe becomes complex and interesting at the same time.

Aging demographics and xenophobia will ruin Europe. The UK will remain strong because British youth are pro-immigration while European youth are anti-immigration. @@Rupeshkumar-qy7hf

Emerging markets are the next driver of growth due to dollar and Euro stagnation

The wealthy also create jobs. They don't owe you anything

Angola has 30% interest rate because some years they can get inflation of 100%…..30% is even low in a place where you can have 40% inflation within one month just by governments bad decisions

I heard just fine

Brainwashing videos🤨

Not really. Money isn't more productive if it's not put into value added activities, right? How much value does asset bubbles have to society as a whole? Not a lot, if one measures value by the distribution of wealth across the income distribution. Only a increasingly smaller amount of people are directly or indirectly benefitting from focusing on asset accumulation. Distribution matters too. And that's a dangerous tendency to pursue. Neoliberalism favoured assets over income. Consequently, we have economic, political, and social fragility increasing across developed nations who bought into the Neoliberal framework. So, the cost of money will have to go up, and the debt farming under Financial Globalisation will have shrink, or there will be a price to pay in social cohesion and political upheaval. The People want the expectations they have been given by society and markets to be fulfilled, and they are increasing disgruntled with economic apartheid and precarity. The idea thst more money printing is the way to go is insanity. Rather, it is time to deflate markets where zombie firms can exist without being productive, and to inhibit Stockholder Primacy with its accompanying executive share price manipulation, and return to a more orthodox financial system. The perverse motivations that are puffing up asset bubbles, and starving the truly productive economy have to removed. The free ride given to capital has created externalities that could permanently put life on this planet at risk. It's a time to stop and think.

Given the battle for the 9 lines with the Chinese trade route yeah that would be right, hence the whole Taiwan issue, if China gets Taiwan then they get the 9 lines complete and control one of the most important areas of sea travel for goods and cargo giving China a massive grasp over global trade movement along with how much of the global debt they have bought.

Zeihan has been talking about demographics since the mid 2010s. People were too arrogant and stupid to acknowledge it then.

what about it is keynesian?