[Worldtraveler once upon a time]

--- "How about this. The US economy is going to crater because of the debt. This other stuff will be off the front page, and 2nd page and 3rd page."

I agree, but would enlarge the scope. The world economy will as well.

Consider only a few of the titles posted this morning:

"Brown University faces $46 million deficit"

"Every Bureaucrat Destroys 138 Jobs"

"Credit Card Defaults Spike to Highest Level Since Aftermath of 2008 Financial Crisis"

"Chicago PMI dips lower than expected, indicating manufacturing contraction"

The US Debt Clock passes $36 & 1/4 trillion, while state, municipal, corporate, city, county, school district debts all rise in like manner.

[Owen]

My perspective on this stuff is the word collapse is silly and mild.

It’s like preppers trying to configure for a week of no power.

No, this will be forever. Not weeks. There is no fix for those debt numbers with 8 billion mouths to feed.