Disliked{quote} I'm not sure you understand the scale of the problem ,theres a point of no return that no fiat have ever recover from. 126% debt to gdp today...that includes the last years 10Trillion new money from nowhere added to gdp and all that inflation. It was 106% before covid btw anything above 70% is a problem to service. Yet they just keep adding un-costed programs like they're nothing. "Since 1800, 51 out of 52 countries with gross government debt greater than 130% have defaulted, either through restructuring, devaluation, high inflation or outright...Ignored
United States Government Debt: % of GDP
United States Government debt accounted for 133.6 % of the country's Nominal GDP in Mar 2021, compared with the ratio of 132.5 % in the previous quarter.