Hacker News Reader

I think this is a bit too pessimistic.

Yes, US will print money to inflate debt until it can no longer do so. Yes, the realignment after it cannot get treasuries sold externalkyexternally, will be painful. But this has happened before (in the world) and will happen again. The country doesn't have to fail in the way of the USSR.

And once the dust settles the long term state will probably be better for many countries, US included. My 2c.

View on HN

Perhaps it is too pessimistic, but it's the default state to fail, die in some sense, just like any other organic thing. The world doesn't have a good record of these things we've created lasting very long.

The hopeful part of me thinks that what will emerge from the disorder will be better, just like anything else that survives today that was once part of something else.

Reply on news.ycombinator.com