Issuances of US Treasuries are now at pandemic levels!

US government spending as a percentage of GDP is at World War 2 levels. 😳😳

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

Seems like interest rates had a pretty big impact pretty quickly.

I mean we’re basically in a Cold War so that makes sense

Very sustainable.  I'm sure our elected representatives will get this in order promptly.

ELI5 what this means and perceived impact?