Any government that is a national-security state needs big official enemies — scary ones, ones that will cause the citizenry to continue supporting not only the continued existence of a national-security state form of government but also ever-growing budgets for it and its army of voracious “defense” contractors.
When debt grows so much that people don’t believe the Treasury will pay it, they sell their bonds and buy other things, sending prices through the roof.
In 2020, at the World Economic Forum, David Solomon, the CEO of Goldman Sachs, proclaimed that the investment firm wouldn’t take corporations public unless they had at least one “diverse” member on their board.