Right now, the US is $16 trillion in debt, and rising. A large portion of what the government spends each year is borrowed money. As on not, the currency and financial system hasn’t collapsed. Has anyone done an analysis of what the breaking point is?
Is the tipping point $20 trillion in debt? $25, or $30 trillion? Or, is it when the country has to borrow to cover more that 50% of its obligations?
Does anyone have a guess as to when TSHTF?
Frankly, we are damn close to the TSHTF. We have already had several down grades of US currency, and; we shall have another soon. Use your head and hedge your paper money.