Debt cycles

Like this chart.  Debt rising faster than growth.

What's the math?
Firms, households and governments have high interest costs, and that squeezes new investment, so growth slows, and interest costs become more difficult, leading to a correction.

Why have we no correction yet?
Federal government, Congress takes on much of the liability during recessions, and the Swamp can  do that for one whole generation, then we correct.

The problem is not the correction, the problem is having them once every forty years. The finance bots can take gains and losses on  a cycle of three days, judging by the bitcoin congestion.  So, we are getting new money technology, we can bypass  the Swamp.