Economics

1. The US dollar is the world's primary reserve currency. We get significant economic advantages regardless of debt levels. We can literally spend our way out of global crises like we did in 2008. Can’t do that if no one uses our dollar as trade base.

2. US debt is primarily denominated in our own currency and supported by the world's largest economy. If US debt is *not* backed by the largest economy, who will buy it? Yields will plummet.

3. Economic "resets" typically don't happen by design but through crisis, often with far more severe consequences beyond this controlled policy change produces.

4. Idk what to say about self-inflicted economic pain lol. Why would we self-inflict?

The US dollar being the world's reserve currency is bad for everyone

everything has winners and losers, don’t see why this wouldn’t. Was great for US financial industry, for one

At what cost? Leads to a lazy / gluttonous finance sector that eats the rest of the economy

your post said it was bad for everyone, i merely pointed out that wasn’t true. agree there were plenty of losers  

tech/software/services, fwiw, were all great winners as well. Plan accordingly