This is more serious than it’s given credit for. The U.S. should be stabilizing their economy not blowing their social security safety nets on military adventurism… What insolvency means: $42 trillion gap: $6 trillion in assets vs. $48 trillion in liabilities. The Impact: - Surging Bond Yields: people lending the U.S. govt money will demand a higher "risk premium." This will increase borrowing costs for everything from mortgages to corporate loans. - Currency Devaluation: To cover a $42 trillion gap, the HS will print money, increases the supply of dollars, and devalue the dollar’s purchasing power. - Flight to "Hard" Assets: Markets will rotate out of paper money into tangible stores of value, like gold, silver, real estate, and increasingly digital assets. - Equity Market Volatility: inflation and rising interest rates will confuse equities. - Credit Rating Pressure: If the U.S. credit rating drops, some institutional funds are legally required to sell… All these factors combine in a death spiral that is going to see countries increasingly seeking to isolate themselves from the U.S., whilst the U.S. will be seeking to distribute the impact of their economic mismanagement to other countries..