They are hedging different bets though. Ultimately, they see that in order for that debt to be collected, someone would have to have the ability to come take it. As of right now, there isn't a combined force in the world capable of doing that.

Capitalism didn't fail. The US embraced socialism. 80% of all US dollars ever created were created during the so-called pandemic. The US is giving money away to places like Ukraine, not because they care, but because they are willfully trying to collapse the system. You can't get a Great Reset unless the country is bankrupt. This is how you will own nothing.