Don't know about a couple of decades. To my knowledge, no other country has carried a now 18 trillion dollar obligation.
I don't even know if there is 18 trillion dollars in this world, let alone a chance it will ever get paid back...I' think the world is going to wake up sooner rather than later.
Oh, I can think of one...
Ron, I am a strategic consultant.
But, I work on micro projects.
i.e. This car?
Revenue streams and costs.
But, America is special.
You will be allowed to run up your debt.
You do not understand.
Your masters love debt
It make you their slaves.
Imagine having the entire American population as slaves for Eternity.
It makes some people very happy
.
I wish I couls show you this graph ron.
It is the world’s gdp matched with the world’s capital.
Since the 80’s or so world capital has increased exponentionally.
I did part of my masters paper on this capital inflation.
But, you can imagine it never happened, and call me a Ron Paulian.
Btw. The real American economy still produces enough to out compete most nations on the planet.
But, who wants a real economy?