The Dollar’s Demise: America’s Debt Crisis, Helicopter Money, and the Rise of the State-Run Economy
The American economy, by several measures, was in uncharted territory before the shutdown. For one, the jobs scene saw significantly low unemployment rates. And stocks were steadily marching upward. The housing market was strengthening. But underneath the high-flying economy lurked a historically large budget deficit that was the result of decades of unchecked government spending. And it is still cause for concern today.