The US national debt continues to grow because they are creating more debt every second of every day. Holding all the assets in the whole world wouldn't prevent that debt from growing as long as they create more of it!
there's another government shutdown looming apparently. what do you think the odds are they don't print more money? everytime they are going to print more money. you can bank on that.
Unfortunately the economists in our world have been too stupid to be able to come up with any other solution. They just repeat the same thing over and over and print more money each time they run out of it. Which is like stealing from every one.
They want the easiest solution and avoid any further sketchy solution that's why they always come up with those actions. If they could just adapt bitcoin and other digital currency that can help their economy then provably that they will not suffer from any economic risk. Then they can take advantage the growth of crypto industry.
They see a huge money on it and instead they disallow or discourage people its best to regulate it and for sure it will produce good income to their country. But this old folks stick with what they know that's why we see slow growth since this officials is stopping its massive adaption. Let see what will happen after this election if these honorable person could bring good solution or adaption of crypto. Hopefully they will not do any crackdown since this is really awful if they still think negative things on crypto.