https://youtu.be/mWk-5TvzQSU
* I do not like your ending because default of US debt is still a political risk. Such trade policy of mercantilism could lead to a poorer per capita economy. I am in favor of getting US debt to gdp in a more favorable balance, the real question is how much debt is too much debt? Where is the equilibrium? (it might be more utility based than a classic Keynes IS-LM curves.
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