The reason is monetary. Private debt increased and has reached it's peak. Previous generations have borrowed their prosperity, and next generations are living i

The reason is monetary. Private debt increased and has reached it's peak. Previous generations have borrowed their prosperity, and next generations are living in an economy that is already full of debt obligations. Everyone should see one of the few economists that actually does a proper craft: https://www.youtube.com/watch?v=jqzfOQXCwFg https://www.youtube.com/watch?v=jqzfOQXCwFg