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this post was submitted on 21 Jun 2026
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Complete collapse of the financial system brought about by a debt fueled meltdown
I used to think so too, but ive seen it increase for 30 years now and the fed just prints more money.
Also there are people who thinks it's fine:
https://247wallst.com/politics/2025/03/07/the-average-american-doesnt-understand-how-the-national-debt-works/
I can't comment on this info myself, it's not my area.
Its true that most people don't know how the debt works, but that is by design.
We have 39 trillion in debt, but what did we use it for? Do we have nicer roads, better schools, or more hospitals? No.
A huge part of the debt came from the bad bets of companies being offloaded onto the government via the treasury. People don't understand just how cheap it was (we've just about hit the point where inflation is unavoidable) for the Epstein class to borrow government money.
That borrowing was against our future and we won't have the growth or infrastructure to justify that debt load. My reasoning is that the bow will break somewhere, and it will bring everything else down with it because the system isn't sustainable as it exists today.