Anyone doing any modeling on global debt? I'm not talking about property - I'm talking about the bets funds and corporations use to finance themselves. Say a barber can't pay his rent...the landlord cops either no rent or no tenant. The landlord can't find anyone to replace the barber, so the landlord defaults...The fund who has bought the landlord's debt as bonds now can't find a buyer...and so on and so on? I'm no economist but surely there are ...um...."conversations" being had within the FIRE industries? Anyone done any modelling or is across this?