What Happens When a US ‘Too Big to Fail’ Meets a US Gov ‘Too Broke to Bail’
The US owes $38+ trillion. Stop right there. That amount of money is insurmountable – and un-payback-able.
The US Gross Domestic Product (GDP) in 2024 was $29.2 trillion. So the debt is 130+% of that. That alone is enough information to write off the US.
