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86 sats \ 4 replies \ @Undisciplined 21 Sep \ on: Can the US manage escalating debt without triggering a fiscal crisis? econ
The US can manage it...until it can't. There's really no way to know when that will be.
Stay humble. Stack sats.
What about EU? Isn't this Euronews trying to be oversmart while saying that EU is in a better position.
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They can say all they wont, it wont change a thing in reality. They will still live in their LaLa Land and tell you "all is fine". But it ain't and its gonna get worse before its gonna get better. They know it, just can't say it...
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Yeah, they're being too clever by half. Everyone knows there's more dollar demand internationally (Euro demand is almost non-existent). That means the US can support a much larger deficit. America essentially exports fiat to other nations.
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I think they are trying to console Europeans with such articles are found everywhere in EU media. The EU economy is under a great crisis and they have been lying like this forever Months now.
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