How much does US debt amount to?

It is widely accepted that the United States has become the world's policeman by making use of the smart ones. The key factor ensuring the success of its endeavors is the cunningness it employs. That notorious cunningness is the cunningness of the East...

On the contrary, there is a much more challenging, intense, and burning situation: the devilry of the West... A devilry that tramples upon the thoughts of those in the position of Eastern cunningness, thinking, "Let's not speak out against capitalism; maybe it will favor us someday." A devilry that has adopted not showing the sympathetic face of capitalism until death as a duty...

The smart ones, the cunning ones, and the devils are all at work together today...

According to the December data, the central government debt in the United States was $34 trillion. By February, it had risen to $34.4 trillion. The increase from $32 trillion to $33 trillion, and then from $33 trillion to $34 trillion, occurred in 100 days each.

Thus, the debt amount increased by $1 trillion every 100 days. It is not far from reaching $35 trillion.

The United States has lost all control over how much it can borrow. The pace of increase in its debts has intensified despite the rising policy interest rate. For the first time in 2013, it reached a level of debt above its gross domestic product. The ratio of the central government debt to the gross domestic product is now approaching 125%.

Although it is a very basic macroeconomic indicator, the ratio of the Federal Reserve's balance sheet to the gross domestic product has deviated from the assumed reasonableness. It climbed to over 20% from its level of 6% in 2019. Now, even though a rebalancing is observed, they admitted from within the Fed that they no longer have any predictions about what the new reasonableness should be for this ratio.

Under these conditions, the question is, where will the US borrowing end, how high will it go? Let me say $70 trillion, you may say $170 or $370...

It seems that debt levels of $35 trillion will still be considered reasonable. However, in this case, the United States, by borrowing reserve money and being indebted to its gross domestic product, will turn being an economy printing reserve money into a weapon against the world. Or rather, it will further increase the caliber of the weapon it has already aimed.

The United States knows it cannot overcome the inflationary environment and is turning the situation in its favor by increasing its indebtedness. It operates with the awareness that it borrows relatively cheaply with each new bond issuance compared to the next. In other words, it is going around behind everyone's back.

It evaluates that causing the combination of inflation and recession (slampflation) elsewhere in the world will keep it away from itself. Since it adopted raising interest rates instead of reducing the balance sheet, it had expressed this intention through monetary policy. Previously, the Fed pretended to develop policies not only for the United States but also for the world. However, since it abandoned globalization, it has completely abandoned its pretense. It is now developing policies only for America, to make America great again.

As it borrows on both arms, it is sucking liquidity out of the world.

But there is a missing point. As it draws liquidity to itself, it weakens the hegemony of the dollar. The use of the dollar is gradually decreasing.

In fact, if we look at the indifference it has faced since the suspension of the Bretton Woods agreement, the US system can work for many more years. However, with current economic policies, the United States is behaving as if it is preparing for a final and great coup.

Yet today's societies used to lie down until much longer or until much higher levels of debt, managing the United States. But it entered into an early preparation.

I think it realized that as it was about to rise above cunningness again with devilry, cunningness and cleverness began to switch places.

Finally, pushing its limits and continuing to do so, it realizes that it needs to establish an equation without dollars, or, in today's sense, without paper money...