If the United States collapses in this manner, the entire world will, too, so Israel would be on its own anyway. I also think "hyperinflationary financial ruin" is some author or another trying to sell books, not anything planted in reality.
If the United States collapses in this manner, the entire world will, too, so Israel would be on its own anyway. I also think "hyperinflationary financial ruin" is some author or another trying to sell books, not anything planted in reality.
Think it through: The percentage of the yearly budget devoted to servicing the debt creeps inexorably upward, as the credit rating erodes, making the obligatory debt rollovers more expensive, and we are constitutionally forbidden to default, making hyperinflation the only way out.
If the United States collapses in this manner, the entire world will, too, so Israel would be on its own anyway. I also think "hyperinflationary financial ruin" is some author or another trying to sell books, not anything planted in reality.
Think it through: The percentage of the yearly budget devoted to servicing the debt creeps inexorably upward, as the credit rating erodes, making the obligatory debt rollovers more expensive, and we are constitutionally forbidden to default, making hyperinflation the only way out.