You are downvoted but it will be interesting to see which calamity (or maybe not) befalls humanity first. I say humanity because the survival of America as a successful trading nation is of immense importance for every one on Earth.
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If accountants (because central money debt is an accounting trick) manage to destroy the US I would be way more impressed than mad.
> central money debt is an accounting trick
It has to be accounted for at some point.
Either via massive inflation on the order of hundreds of percent...or somehow GDP has to rise by hundreds of percent to pay it back.
It's a very real problem.
It really doesn't. The 'borrowed' money is already in circulation and causing the inflation right now.
The main issue is pension funds and low risk investment accounts that will have trouble finding new derisked investment opportunities.