[DoodleDawg]

Problem is the US has gargantuan and growing deficits. But the effects are mitigated by an expanding Trump economy (increased tax receipts).

We're on track for trillion dollar deficits even with the Trump economy running flat out. What's going to happen during the inevitable downturn? The government will be powerless to help because two trillion or three trillion dollar deficits are not sustainable.

[cgbg]

two trillion or three trillion dollar deficits are not sustainable.

That amount of debt is sustainable only if the US dollar is the de facto world currency (see discussions of "petrodollar" on the web).

When that day ends (and eventually it will) watch out below...