When you look at the big picture, it's clear that excess capital flowing into housing, manufacturing, and infrastructure has created a debt spiral that's hard to escape. The numbers are staggering—we're talking about one of the fastest-growing debt burdens on record. Here's the thing though: despite all this overcapacity, the strategy has actually shifted. Instead of doubling down on more investment to fuel growth, the focus has moved toward debt reduction and investment restraint. It's a fundamental pivot that tells you something important about where things stand right now. The question is whether this shift can happen smoothly or if the accumulated pressure will force a more disruptive adjustment.