Reading @RayDalio book: How Countries Go Broke: The Big Cycle. He says, "Think of the Big Debt Cycle's progression like the progression of a disease or a life cycle through stages that exhibit different symptoms." A perfect analogy is the phenomenon of human cells becoming insulin-resistant. Just as cells gradually become less responsive to insulin due to an uncontrolled lifestyle, the economy becomes less responsive to every dollar borrowed/created through fiscal and monetary imprudence, driven by political pressure and socialist measures. Eventually, the economy gets diabetic with the debt-to-GDP ratio topping 100%. The U.S. and advanced nations are currently diabetic and need tough reforms to set the house in order.