It's the same point: it won't be as bad as you're implying. Rates will of course go up, but not drastically. The US won't be able to borrow as much, which is go

It's the same point: it won't be as bad as you're implying. Rates will of course go up, but not drastically. The US won't be able to borrow as much, which is good, but it will still be able to borrow close to the same amount as a percentage of GDP. The US will service the debt the way it always has, by growing its economy. Somewhat higher inflation will actually reduce the debt load in real terms. The "joy" is that the US will be forced to be more disciplined.