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2026-09-23 05:30:15 UTC

ernstjunger on Nostr: Penn Wharton Budget Model estimates suggest U.S. federal debt cannot rationally ...

Penn Wharton Budget Model estimates suggest U.S. federal debt cannot rationally exceed roughly 210% of GDP as an outer limit; a threshold that current healthcare cost growth could reach within two decades. Markets typically impose discipline well before theoretical limits. When confidence erodes sufficiently, crisis arrives suddenly.