Discussion
I mean the portion, “..no ability to make interest payments..” isn’t technically true. We will just print. As you like to say, we are nearing the event horizon
"printing" will increase our debt. We don't print debt free money it's loans from the fed usually in the form of bonds while causing inflation. Also fun fact the FED is operating at a loss now for the first time ever. Wonder what happens when they go insolvent. They won't say they're operating at a loss btw, they're using an accounting trick to take their debt off the books.
There's no hope and hasn't been since 2020. 1929 or hyperinflation are the only two real possibilities. My guess is the latter, since it won't fuck up the rich (people with plenty of real assets). Either way Weimar here we come.
First rule of politics is don’t talk about the real problem.
Reposting his stuff and leaving him on Follow Back..