Is the US financial system going to collapse before 2024?

33 trillion in debt? can't even fathom how we're supposed to rectify this situation.
😡 rant
🌝 Taxes
19
oldcloser
Arsonist
10
💀
It’s not like you’ve got to make the payments and the margin call ain’t coming on December 31. I bet I can guess which news channel you watch.
CuriousFox
WR Officer
5
🦊
🦡
HVACexpert
Politicker
8
sales engineer
You know this is a sales forum right?
butwhy
Politicker
5
Solutions Engineer
I think you made the wrong turn - r/collapse is that way ⏩
Kosta_Konfucius
Politicker
3
Sales Rep
..
Revenue_Rambo
Politicker
2
Director, Revenue Enablement
Maybe you should start taking Mandarin classes
Pachacuti
Politicker
2
They call me Daddy, Sales Daddy
😑
FinanceEngineer
Politicker
2
Sr Director, sales and partnerships
No. It doesn’t matter as we can print our way out, hit high inflation, and we aren’t losing strength internationally. So are other countries worse off and will collapse first? I doubt it. Recession is the answer and just a matter of how long and deep.
braintank
Politicker
2
Enterprise Account Executive
Collapse? No...
Filth
Politicker
2
Live Filthy or Die Clean
head down, sales up, just worried about the closing month.
GDO
Politicker
1
BDM
it could inflate away. however, a good read about this is the last book of ray dalio.
Every "world currency" will have a lot of debt for the issuing country
Diablo
Politicker
1
Sr. AE
Remember it’s the world currency and where the money is getting printed
Marth
Opinionated
0
si vis pacem para bellum
Yeah I get I don’t have to pay it back.. still concerning no?
salesjoe
Opinionated
1
AE
What's the alternative for investing/assests? Europe (still too fractured and has more structural issues than us), China (oof, they're in for a demographic implosion, in addition to their economy being a house of cards), Russia (lolzzzz), I wish South America would be an option but they still have so many structural issues.
So if the rest of the world is a mess, where would folks park assets or invest? Well, it's still the good ol USA!

USA USA USA!
Marth
Opinionated
0
si vis pacem para bellum
Why is Russia Lolz
Phillip_J_Fry
Opinionated
0
Director of Revenue
Yes
Beans
Big Shot
0
Enterprise Account Executive
No all the numbers are made up man.
Justatitle
Big Shot
0
Account Executive
Michael Burry in the war room huuh
0
SDR
No it's not going to collapse how the gov works if you talk to a fed person they will tell you the debt isn't actually our debt it's 33Trillion of other countries debt mixed with ours as world currency.
Which I didn't even know it was like that it's very messed up tbh with you and explains why everyone always comes to the USA.

From there POV it's US Citizens Debt then it's Other Countries Debt then it's everything combined the 33Trillion is everything combined from everyone but it always gets outsourced
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