Скачать или смотреть The Real Reason the US Debt Doesn’t Collapse the Economy

The United States is over $30 trillion in debt — a number so large it feels impossible. And yet, there’s no collapse, no panic, and no rush to default. Why can the US borrow almost endlessly while other countries crash under far smaller debt loads? The answer lies in the dollar’s unique role in global finance. Unlike Argentina, Turkey, or Sri Lanka, the US borrows in its own currency — the same currency the world uses for trade, reserves, and global collateral. Treasury bonds aren’t just IOUs; they’re the safest asset in the world.
This video breaks down the hidden mechanics behind America’s “exorbitant privilege,” how global demand for dollars keeps interest rates low, and why the real risk isn’t default — it’s slow debasement. If you want to understand how the US can borrow without consequences, and what could eventually change that, this explainer is for you.

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