You are on to something here - if the other nations of the world are going to take our dollars at face value, because what choice do they have, these nitwits are going to keep spending and printing money. My whole life I've been told the debt is going to crush us, but under the environment the world economy operates under now it doesn't look likely. I think this is what the deep state learned about 20 years ago.
If rational economics were going to cause our collapse it would have happened by now. We are beyond the point of rationality.