Chris Martenson opened with a thought experiment worth stealing.
You're handcuffed to the top row of the biggest stadium you know.
One drop of water lands in your hand, and it doubles every minute.
The whole stadium fills in fifty minutes.
"for the first 45 minutes, it only fills up the first 3%"
That's the shape of it. All of American history to reach 20 trillion, then a double in under a decade, and Treasury just clocked $40.047 trillion with July alone running a $432 billion deficit.
Chris's second warning has nothing to do with bonds.
Qatari gas being offline means no feedstock for nitrogen fertilizer, and roughly half the world's traded sulfur came out of the Gulf as a refining byproduct, with seaborne shipments near zero this month.
Sulfur is already up 145% since the war started.
Layer a record El Niño over that and the damage shows up in next year's harvest, not this one.
@chrismartenson
