Part 2/8:
The sheer scale of $37 trillion in federal debt raises serious questions about the sustainability of financial practices in the United States. Economists warn that excessive borrowing poses dangers akin to personal debt; if lenders lose confidence, they may call in loans or sell off securities, leading the government into a precarious financial situation. The stark reality is that a country unable to manage or repay its debts risks economic turmoil. This concept mirrors personal financial responsibility — failure to pay back significant debts can lead to severe consequences, akin to a financial apocalypse waiting to happen.