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447

Debt doom is coming, everyone knows it, no one is doing anything about it.

States can do a lot of things when the federal government is rendered largely helpless. In a limited way, activist governors like Ron DeSantis and Greg Abbott have demonstrated some of that. If I were preparing my state for federal collapse, I’d make sure its debt was manageable and its credit good, invest its “rainy day fund” in things that would still be valuable when treasuries weren’t, and build up my State Guard, state police, and other state resources so that they could pick up some of the slack when the feds fell down. I’d also start boosting my state’s independence in terms of resources and food supplies as much as possible. Also, stockpiles of essential medical supplies and other goods, mutual aid agreements with neighboring states, emergency communications systems independent of federal networks, plans to temporarily pay unpaid federal workers, or find them alternative employment, and more.

[Source.](https://instapundit.substack.com/p/debt-doom-is-coming) > Debt doom is coming, everyone knows it, no one is doing anything about it. ------------------------ > States can do a lot of things when the federal government is rendered largely helpless. In a limited way, activist governors like Ron DeSantis and Greg Abbott have demonstrated some of that. If I were preparing my state for federal collapse, I’d make sure its debt was manageable and its credit good, invest its “rainy day fund” in things that would still be valuable when treasuries weren’t, and build up my State Guard, state police, and other state resources so that they could pick up some of the slack when the feds fell down. I’d also start boosting my state’s independence in terms of resources and food supplies as much as possible. Also, stockpiles of essential medical supplies and other goods, mutual aid agreements with neighboring states, emergency communications systems independent of federal networks, plans to temporarily pay unpaid federal workers, or find them alternative employment, and more.

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[–] • 1 pt

The national debt and deficits are not sustainable. These will crash at some point. The US has to go to bankruptcy court or the US crashes and burns. Personally, I hope for the latter. I just hope I am young enough when it does. I don't want to be an old man when the US goes under.

[–] • 0 pt

This is the same old tired repetition I hear over and over. The deficit hasn't been sustainable for decades now, yet here we are.

No, we've lived on debt since 1971, that's 53 years. Of course, you could argue since 1913, but it doesn't matter. As long as people accept the debt, it will go on. No one has the will to call it out.

[–] • 1 pt

Unless the debt is either a) fake or b) payable then it has to come to ahead at some point. It has too.