From Barrow's Abstract: "Finally, the existence of uncertainty with respect to individual future tax liabilities implies that public debt issue may increase the overall risk contained in household balance sheets and thereby effectively reduce household wealth."

And this is one specter haunting the microeconomic subconscious of consumer societies, even those with deep social services which are seemingly secure, and also especially in the US, where a different strain of cattle are bred to constantly gorge, oblivious of any particular future liability, but still able to sniff out a rolling firestorm of debt on the horizon. Behavior modeled, as in this article, as some domesticated version of game theory therefore has the form of a modal logic, not a modus vivendi, the latter binding the herd to the daily routine of the feedlot (both academic and bovine) but also to the unpredictable geometry of a desperate stampede that may flatten the Rocking Ponzi Ranch.