Sean Ring on debt (dailyreckoning.com)

23 Oct 2025

External link

America is Starting to Look Like Her Mother

” Debt is the lifeblood of empire — until it becomes the disease.

This sentiment is attributed to David Graeber, an anarchist, anthropologist, and author of the book Debt: The First 5,000 Years. While the exact phrasing isn’t verbatim, the sentiment closely aligns with Graeber’s central thesis about the historical role of debt in shaping empires and social structures.”