>>110399332For the US, not so much. The US debt is currently over $22 trillion, more than it's ever been in the history of the country. The only reason that the dollar hasn't already collapsed already is because it's the international standard, something that China and Russia are already trying to undermine with specialized trade agreements and infrastructure building in fledgling countries. The automation industry is growing faster than people's ability to learn new skills in the lower income bracket, and this is expected to cause massive layoffs of low skill jobs and skyrocketing unemployment in the next couple of decades. To top it off, Social Security is completely bankrupt due to congress borrowing money from it and won't be unavailable by the time my generation gets to retire.
The only people who can delude themselves into thinking everything is ok are zoomers who stick their heads in the sand and completely ignore the world going on around them.
