The Debt Mirage: Sovereign Default Cycles

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• June 22, 2026
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I’m so sick of reading those ivory-tower economists who treat Sovereign Debt-Default Cycles like some abstract math equation on a chalkboard. They’ll drown you in jargon about “debt-to-GDP ratios” and “fiscal multipliers” while completely ignoring the fact that, at the end of the day, a default is just a massive,…