I am far from a fan of Trump but neither of you two seem to have taken any notice of what the OP himself has written.
I will illustrate this with a chart of https://fred.stlouisfed.org/series/GFDEBTN
As can be clearly seen, there was a first acceleration of debt with the bursting of the .com bubble, another with the 2007 crisis, and another with the Covid crisis. This with alternating Democrats and Republicans in the White House. So this is not about one president or the other being solely to blame, let's see if we have forgotten which forum we are in. Just take a look at this:
https://www.usdebtclock.org/world-debt-clock.html
I say this about the forum we are in because the forum was created, just like bitcoin against the fiat system scam, in which one party comes along and makes some small changes, and then another comes along and makes others, but they all share the fundamental basis, the destruction of fiat currency by increasing state spending and devaluing the currency with inflation, which many people do not realise is the biggest economic scam perpetrated by the states.
Quote
The decision to downgrade debt was influenced by “the increase over more than a decade in government debt and interest payment ratios to levels that are significantly higher than similarly rated sovereigns,” Moody’s said in a statement. Moving forward, Moody’s said it expects borrowing needs to continue to grow and for it to weigh on the US economy as a whole. .
I will illustrate this with a chart of https://fred.stlouisfed.org/series/GFDEBTN
As can be clearly seen, there was a first acceleration of debt with the bursting of the .com bubble, another with the 2007 crisis, and another with the Covid crisis. This with alternating Democrats and Republicans in the White House. So this is not about one president or the other being solely to blame, let's see if we have forgotten which forum we are in. Just take a look at this:
https://www.usdebtclock.org/world-debt-clock.html
I say this about the forum we are in because the forum was created, just like bitcoin against the fiat system scam, in which one party comes along and makes some small changes, and then another comes along and makes others, but they all share the fundamental basis, the destruction of fiat currency by increasing state spending and devaluing the currency with inflation, which many people do not realise is the biggest economic scam perpetrated by the states.
The chart is going parabolic and if I know something about parabolic charts, it is that sooner or later they go to zero because eventually it becomes unsustainable and that’s exactly what we are seeing here.
Trump is visiting the rich middle eastern countries and extracting money from them via deals to delay the demolition but we’ll see if that will be enough.