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When Does US Federal Debt Reach an Unsustainable Level?
- rayiner 3y agoSlowly, then all at once.
- underseacables 3y agoYesterday.
- facialwipe 3y agoTL;DR ~20 years best case scenario. Best case scenario unlikely due to political stagnation. No solution offered.
- wyldfire 3y agoDo falling birth rates make it even less sustainable? Seems like it would. Especially when combined with recent xenophobia influencing immigration policy.
- gboza1 3y ago[flagged]
- ssss11 3y agoDon’t they just print more money, and the rest of the world pays the inflation repercussions due to the fact USD is the default trade currency?
- cratermoon 3y agoNever. https://www.nytimes.com/2022/02/06/business/economy/modern-monetary-theory-stephanie-kelton.html https://www.nytimes.com/2022/02/06/business/economy/modern-m... (https://archive.is/KjotV https://archive.is/KjotV)