The American empire is internally flawed, a fact that anti-imperialists both left and right should appreciate.
The United States' national debt is approaching $22 trillion with a current federal budget deficit of over $800 billion.
The United States holds the most debt of any country in the history of the world.
Technically the government has the power to artificially create as many dollars as it needs to pay its debts.
Simple failure to pay back our debt might even be a better scenario that such an inflationary hellscape.
When the world loses confidence in the American government's ability to pay its debt, or the interest rate on our debt becomes unsustainably high, choices will have to be made.
Nothing could tie the hands of America's military more than a debt crisis.
https://www.theamericanconservative.com/articles/the-coming-bankruptcy-of-the-american-empire/
The United States' national debt is approaching $22 trillion with a current federal budget deficit of over $800 billion.
The United States holds the most debt of any country in the history of the world.
Technically the government has the power to artificially create as many dollars as it needs to pay its debts.
Simple failure to pay back our debt might even be a better scenario that such an inflationary hellscape.
When the world loses confidence in the American government's ability to pay its debt, or the interest rate on our debt becomes unsustainably high, choices will have to be made.
Nothing could tie the hands of America's military more than a debt crisis.
https://www.theamericanconservative.com/articles/the-coming-bankruptcy-of-the-american-empire/
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