Meh. I don't consider the above to be anything remarkable regarding the financial condition of the country.

Repeat after me: We. Are. Insolvent.

We've always been insolvent in modern history. There's probably no one alive today who was alive when the US was solvent.

There has been doom-and-gloom outcast with the expectation of a great crash for at least four decades that I've been paying attention. I remember in the early 90s hearing financial advice to stock up on coins because they can't devalue coins that cost a certain amount to make.

The problem with the OP's text is I don't see any understanding of the fact that the US can't go insolvent because it can just keep printing money. That could potentially lead to a different issue/problem but the problem isn't insolvency.

My friend, we have not always been insolvent. We came into this condition very recently. During the Obama Administration

We were in debt 6.369 trillion from George W. 2010 dollars were worth 1.57% more, so more like exactly 10 trillion adjusted to today's value.

What's the methodology of completely disregarding that and only focusing on Obama?

coupled with the illusory value of all of our assets,

All assets have always been worth what someone will pay for them.

Is the economy bad? Yes. Is the economy at the point of complete financial collapse? Probably.

Does the person who wrote the wall of text above have any amazing insight into exactly when and why that'll happen? Not really.

The day everything collapses is the day the world stops recognizing the US dollar as having any intrinsic value. But there's a forced value in that all loans given to countries must be repaid by US dollars. This forced value ensures there will always be a demand for US dollars, and as such, the US can keep printing them. They devalue over time, and that devaluation is like a hidden tax on the American people at the rate of whatever inflation is.

The situation can continue getting worse, but it'll probably get better before it gets worse because countries are scrambling to pay off their debts still. That's why the UK dollar just hit an all-time low vs the US dollar like in the last 24 hours.

As someone who receives my pay in US dollars from a UK source, my income is actually up an extra 20% right now from 6 months ago, just on exchange rate alone, with the US dollar being so strong worldwide.

The economy is obviously getting worse, but it'll probably hold out until Q makes their final moves.

Meh. I don't consider the above to be anything remarkable regarding the financial condition of the country.

Repeat after me: We. Are. Insolvent.

We've always been insolvent in modern history. There's probably no one alive today who was alive when the US was solvent.

There has been doom-and-gloom outcast with the expectation of a great crash for at least four decades that I've been paying attention. I remember in the early 90s hearing financial advice to stock up on coins because they can't devalue coins that cost a certain amount to make.

The problem with the OP's text is I don't see any understanding of the fact that the US can't go insolvent because it can just keep printing money. That could potentially lead to a different issue/problem but the problem isn't insolvency.

My friend, we have not always been insolvent. We came into this condition very recently. During the Obama Administration

We were in debt 6.369 trillion from George W. 2010 dollars were worth 1.57% more, so more like exactly 10 trillion adjusted to today's value.

What's the methodology of completely disregarding that and only focusing on Obama?

coupled with the illusory value of all of our assets,

All assets have always been worth what someone will pay for them.

Is the economy bad? Yes. Is the economy at the point of complete financial collapse? Probably.

Does the person who wrote the wall of text above have any amazing insight into exactly when and why that'll happen? Not really.

The day everything collapses is the day the world stops recognizing the US dollar as having any intrinsic value. But there's a forced value in that all loans given to countries must be repaid by US dollars. This forced value ensures there will always be a demand for US dollars, and as such, the US can keep printing them. They devalue over time, and that devaluation is like a hidden tax on the American people at the rate of whatever inflation is.