Let me make it very simple. The US has been running a HUGE ponzi/pyramid scheme for longer than most of us have been alive. The money the government took from Boomers is all gone. Spent. But as long as new money keeps pouring in from the bottom of the pyramid, everything is AWESOME.
So what happens when the money coming in from the new workers is not enough to keep supporting the ever increasing, enormous demands? That's right! Game Over. And the very very top of the pyramid people run off to private islands surrounded by bodyguards.
The entire scam is 100% dependent on infinite growth forever. It's probably not gonna make it 5 more years? What's your guess?
The book says starting this year.
Yep, already happening. There's a reason people (the wealthy) are renouncing their US citizenship. Avoid taxes, a possible economic collapse and the destruction of wealth. So they move to some tropical location with their mattress money and private bank accounts and ride out the storm. The disgusting part is that most of these people were likely ardent Obama cheerleaders and enthusiastically voted for him.