Where the debt suddenly rises so fast and becomes unsustainable.
Indeed we can’t even pay the interest on the the debt we have Government revenue is down 10% and spending is up by 10%.
One misstep away from a huge depression 1879 and 1929 rerun combined.
Democrats are the only adults in the room per media huh.
NOT
“””Where the debt suddenly rises so fast and becomes unsustainable.”””
During the low interest period 2009 thru 2021 that was funded by the FED, we also increased our national debt from about $9 trillion to $24 trillion.
During the years in the late 1980’s the Treasury issued 30 year bonds at 7% interest rate and were able to replace those 30 year bonds with a 2% interest rate in 2020.