Welcome Avatar! As you know “America is Bankrupt and has Too Much Debt”, blah blah blah. The can will be kicked down the road and the clear “too big to fail” groups will get the money they need: US Govt, Mag 7 and major defense/medical. Jump to the second order effect. Who gets cooked in the process?
With Trillions going into AI and US Debt, someone is left with the 10%+ junk bond debt if they really need the money (hint: if you really need the money unlikely surviving this K-shape blow up). Access to cheap money went from 3% mortgages to “are you Elon Musk? If not, pay 8%+”
We’re going to go down stream from there with various scenarios and how to come out of it unscathed.