Most people in the US believe that our national debt is a result of government waste and that the only way to get a handle on the debt is to cut spending on social services. According to this article, the only problem with that story is it isn’t true. The real problem according to this article is that our entire economic structure has morphed into speculative transactions that are now over seven times our actual GDP. Financial elites have invented a make believe world where they gamble, and whether they win or lose, we pay. Add the cost of wars (from which many of them also profit) and tax cuts for the wealthy and you have a recipe for disaster. Meanwhile we are cutting spending on the very things that might give us hope- like education. As long as most people believe that an invisible hand is steering the market, they will not suspect that the cards are marked and the game is rigged.