💰 A Sumerian Fix for America’s Debt Crisis
The New York Times has floated a bold idea to tackle the US debt: bring back the ancient Sumerian concept of “amargi”—a complete cancellation of public debts to reset the economic system.
This practice dates back to around 2400 BC, when mounting debt began destabilizing society. The article suggests that if sustained growth, tax hikes, and inflation fail to close the gap, perhaps it’s time to rewrite the rules—by forgiving the $40 trillion in government debt.
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4August 26, 2026 18.7K 1
