[PGR88]

Its completely unsustainable. It will never be repaid. That’s 100% certain.

Don’t ask me though if it will be a total debt collapse/abrogation, or bouts of hyper-inflation which turns that old debt (and lots of new debt) into worthless paper

I suspect it will be the later, defined by cycles of debt collapse, and then hurried money printing to re-inflate.

That, unfortunately, will cement tyranny in place in the USA as “central planners” go from pillar-to-post claiming to solve the problem while centralizing their power.

An outright collapse, ala the Soviet Union, would be much better

[unclebankster]

Debt can be renegotiated to a certain degree, but you’ll most likely get some form of money & wealth “evaporation.” Which will lead to tough times” for many people.

We could be entering an economic cycle more like the 1921-1938 time period as the post WW2 inflationary business cycle loses steam.

Hard to tell, history can’t repeat itself, it’s physically impossible, but there can be similarities.

[voicereason]

It will never be repaid. That’s 100% certain.

The U.S. debt, and every other National debt will all be forgiven. The catch is that a global currency will need to be adopted and sovereignty surrendered.