[kosciusko51]

What we have now is a new frontier not covered by that chart - a mass of entitlement obligations coming due and no way to pay for them other than monetizing debt

Not to pick nits, but I believe that this is covered by socialism.

"The problem with socialism is that eventually you run out of other people's money." - attributed to Margaret Thatcher.

[dirtboy]

This is an aspect of socialism we have not seen yet. So it a way, it is a new manifestation many have been warning about for years - and now it is here.