US national debt just hit $40 trillion.
Washington's playbook hasn't changed: borrow more, spend more, kick the can down the road. Zero fiscal discipline. No political will to fix it.
History says nothing changes until a crisis forces change. Bond vigilantes, inflation spirals, currency crises — that's usually what it takes.
For investors: this isn't about predicting when the music stops. It's about knowing the game being played. Real assets, diversification, and not assuming the dollar or Treasuries are risk-free forever just because they've been your whole life.
Debt doesn't disappear. It gets inflated away, defaulted on, or paid back with devalued currency. Plan accordingly.
Washington's playbook hasn't changed: borrow more, spend more, kick the can down the road. Zero fiscal discipline. No political will to fix it.
History says nothing changes until a crisis forces change. Bond vigilantes, inflation spirals, currency crises — that's usually what it takes.
For investors: this isn't about predicting when the music stops. It's about knowing the game being played. Real assets, diversification, and not assuming the dollar or Treasuries are risk-free forever just because they've been your whole life.
Debt doesn't disappear. It gets inflated away, defaulted on, or paid back with devalued currency. Plan accordingly.