USD is only strong because it has been the reserve currency. Those days are numbered. Russia is much more sensible with its debt. And they have politicians like Putin who's lightyears better than the pathetic swamp creatures we have here in DC.
It’s strong because the US is strong. I’d prefer to be on the side who is winning.
Japan went to 236% debt to GDP. The rest of us are around 120%. Even on the current rate of spend when I did quick numbers we can get out to 2050 no sweat. That’s 25yrs+ ahead of people being wrong, talking of US collapse.
It’s no different to CPI and employment data, the masses dont want to spend the time to understand it so they say it’s fake. We have 8yrs left. That’s a lot of time to be incredibly wrong about economics. Go pull news articles from the late 40s/early 50s. Go pull news articles from the early 70s/ early 80s.
The question I asked myself in 2020 was what did people say, feel, do in these cycles. The data sets won’t answer that so I pulled archived media. The articles written in the 40s/50s read like they are taking place today. Then Consider what followed these cycles was the biggest tech Booms of their generation.