Re:U.S. on Track to Add $19T in New Debt over 10 Years
by Ekaros on Friday February 24, 2023 @06:42AM
(#34923515)
And more importantly will others keep accepting USD. Or will they expect to be settled in something else be it other currency or some commodity. If others start to want something else than USD things can go sideways.
The relevant question is can the US continue producing goods and services that are desirable on a global scale, one of which is a trustworthy society where you can mostly depend on the judicial system keeping things in order, for better or for worse.