The empire's last dance with debt: a 🧵

Part 1: How can $31 trillion national debt, $96 trillion total debt, and $652 trillion in credit derivatives have a 'ceiling'?

4) Enter China. A country whose GDP grew 53x since the collapse of the USSR, became a US creditor, the main engine of global manufacturing, and most “dangerously” – a potential ally for oil suppliers. Non-USD oil trade has become the biggest threat to unlimited US war spending.