I wouldn’t give it twenty years. Maybe ten. Perhaps fewer.

October 11, 2023 4:50 pm by CWR

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US debt will become unsustainable and trigger default in about 20 years, if it stays on current path, per BI.

— unusual_whales (@unusual_whales) October 11, 2023

See also MSM: "Humanoid robots could create a $7 trillion market in the next 25 years, say Citi analysts!"

The tweet is kind of incorrect. We are already unsustainable, it will become unmanageable in 20 years.

h/t bareboneschicken

See also S&P 500 Price to book, brings us so close to being the most expensive market of the modern era. The 2000 bubble: Nasdaq lost 78% in 2 years. It will be worse this time.