@balajis.eth
It’s bankrupt.
The state is making $2-4T a year with $175T in debt. So it’s not actually a rich country. It’s like a guy playing fake rich by maxing out his credit cards.
Default is coming.
https://open.substack.com/pub/balajis/p/americas-175-trillion-problem?r=2974h&utm_medium=ios
3 replies
0 recast
15 reactions