To sum up the situation, given its financial condition and the political forces working to worsen it, the US government is facing a completely impossible and irremediable situation.
The problems we face are one hundred percent caused by the US government - not by bankers or brokers, although they have been complicit.
Everything that people think the government provides is really provided by society, or with resources the government has taken from society.
Is there any chance that the US government can reform and go back to a sustainable basis at this point?
It won't be the end of the world when the US government goes bust, although it will certainly have plenty of inconveniences and unpleasantness.
The fact is that when a government collapses, especially when the government is providing all the things the US government does today, people want somebody to fix it; they want their goodies back.
The US government's budget is the biggest thing in the world.
https://internationalman.com/articles/doug-casey-on-the-bankruptcy-of-the-us-government/
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