The Keynesians are working up to an MMT talking point

I can tell the censors are out, that generally means the usual Keynesian suspects are about to say something to their followers, no doubt something about debt and MMT. For example this report:


Soaring Debt Vs. Shrinking Populations Of Young To Repay Or Service That Debt

Summary

• Global debt is currently at $246.5 trillion and primarily in the Wealthier, Consumer Nations of the world.
• The population of young in Consumer Nations has fallen 12% or over 100 million Since Peaking in 1975.
• Debt on a per capita basis gauged against the consumer nations young is going parabolic.

The millennials do not have enough second derivative to do the parabola., not enough commutativity to support.

Yellow vesting is happening everywhere, Hong Kong, Europe.  Typical interest costs as a percent of GDP is about 6% for most of Club Med nations in Europe.  Yet they are all paying interest at the ten year rate, and when that rate jumps by a mere 50 basis points, then their interest cots jump to 7.5% of GDP. That number is beyond sustainable, causes sudden stop, mass yellow vesting.  We are converging onto a Nixon Process, learning to bet the defaults, make a narrow band 'shock'..