The United States is leaving all relevant competitor economies in the dust. Of course, this growth comes at the cost of ever-increasing government debt, but the situation is no different in the eurozone, for example, where the European Central Bank is buying up and thus monetizing the ever-increasing government debt of the euro member states. The USA is an energy self-sufficient country, while Europe has no energy reserves worth mentioning and has repeatedly brought itself to its knees with sanctions packages and the blowing up of the Nord Stream pipelines since the start of the war between Ukraine and Russia. At a certain point, the United States will start to inflate away this mountain of debt and focus on implementing market-based reforms.
This is the moment when the US will crush Europe economically. At this point, the eurozone is no longer capable of reform and is trying to save itself by creating Eurobonds. Eurobonds mean that the European taxpayer is placed as a kind of collateral behind the ever-increasing debt in order to appear credible on the markets and prevent the gigantic mountain of debt from collapsing. On the currency markets, we can already see that the dollar is tending to gain strength while the euro has collapsed by 22% in the Swift volume over the past year. That speaks volumes!