This is a pretty scary prediction about the direction the US economy is headed,
but in many ways seems fairly accurate (hope I am wrong). Agree or disagree?
In America, the debt is now so high that no one knows how long it will take to pay it off completely. For many years, the debt limit in America has been changed and the raised, which is bullshit every year. It seems as no one knows how to do it any other way, or they already reached the point where there is no other way. And nor the question... how long can this continue to work? And what will happen when the next financial crisis hits America and Europe?
It is not that no one knows how the other way, and I believe the concept used by Satoshi to create Bitcoin gives the government some concept to build the economy instead of collapsing it, but the government always chooses its politically selfish decision, which is to profit from the economic collapse.
An example is one of the reasons behind the misunderstanding that happened between Trump and Elon when Elon advised the President not to make a decision cause it would somehow impact the economy negatively, but the President chose that follow the old political strategy, which always causes economic collapse.