My entire life, I've heard doom and gloom, this is the end in regards to financial stuff. The government was always kicking the can down the road. Thing is, upon clear headed examination even the skeptic could see that (rightly, or wrongly) there was always a road for the can to be kicked down. Maybe I'm being pessimistic because of everything that's gone on the last year, or so; I don't see anymore road ahead of us. We are coming to the end and there is no place else to kick the can without having to face the ramifications of poor fiscal policy for decades on end.
Charles Hughes Smith has a deep understanding of our “situation::
https://www.oftwominds.com/blog.html
Bottom line—each time the can is kicked down the road it distorts the economy much more than it did the last time—and it is an exponential, not linear effect.
The crack-up boom, whenever it happens, is gonna be legendary—and worldwide.
The “experts” will all say in unison “Who could have seen this coming?”.
:-(