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The $34 trillion mountain of national debt is a 'boiling frog' situation for the US economy, JPMorgan warns
(www.businessinsider.com)
this post was submitted on 08 Jan 2024
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United States | News & Politics
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yea also, U.S. is like the only country which doesn't need to worry about balance of payments. You see this with how every other country's current account deficit is shown in U.S. Dollars instead of the local currency.
of course, there are very good reasons to not have a current account deficit. self reliance and all (plus the dollar slowly losing its status)