Since 2020, U.S. electricity costs have climbed at an unprecedented pace—a shift that's raising eyebrows among economists tracking macro trends. The real question: could this signal another debt explosion like we witnessed during 2004–2009?

Here's the catch though. Electricity prices don't directly *cause* economic crises, but they're a telling barometer. When utilities cost surge while incomes stagnate, households and businesses often turn to borrowing to stay afloat. Sound familiar?

For crypto investors paying attention to macro cycles, this metric matters. Energy inflation tends to precede broader financial stress. Whether we're headed toward another debt supercycle remains uncertain, but the pressure gauge is clearly rising. Worth monitoring closely as central banks navigate rate decisions ahead.