During the election campaign Donald Trump took up two questions that we discuss in Chapter 2 of [the Swedish book titled] “A world addicted to oil”, and this will also be discussed in our coming English version “Our Global Addiction To Oil”. We discuss the exponential growth of the USA’s debt and how debt can generate profit: “Another interesting “hockey club” is growth in the USA’s debt and its relationship to the USA’s economic growth. Up until 2005, the economic growth facilitated by borrowed money was sufficient to compensate for the increased level of debt. President Bush took power in 2002 and after that the USA’s debt grew by 9.3% per year. We have now learned what consequences this can have. If the debt continues to grow as it did from 2002 to 2013 then it will exceed $30 trillion by 2020. The ratio between GDP and national debt […]