Arrogance and ignorance. Like all great nations that fell apart, we think it can't happen to us.
Those bleating about "affordability," don't realize that currency debasement is at the root of it. Trump relaxes tariffs on bananas, but spends like a madman.
Stealing foreign deposits over the Ukraine sh*thole was bad too. Investors no longer see the dollar as safe, and nations look for alternatives.
Having too much of something people don't want makes it less valuable.
“but spends like a madman”
Examples, please.
Arrogance and ignorance. Like all great nations that fell apart, we think it can't happen to us
What's even scarier? We're too ignorant to realize it's already happened, and we're currently in freefall.