Uh, vaguely, yes. They’re essentially pinned to 0% because they need to get their inflation up, but that’s not really caused by their national debt. They’re definitely not in an enviable position overall, but their 260%+ debt:gdp ratio isn’t really why.
Because so far the fed has remained independent, and national debt matters far less than most people think it does. Take a look at Japan - theoretically in debt WAY over their head, but the Bank of Japan is actually trillions of yen in the black and mostly invested in the Japanese economy, getting yields of 6-7% on their holdings far above their debt service. Their pension fund is a majority stakeholder in basically all internal infrastructure, and despite stagnant “growth”, Japan’s real wage growth is like 4-5% YOY.
As with anything economics, a single metric usually tells a bad story. Whether we like it or not, the US economy is pretty robust and even a moron like Trump can’t really kill it totally in 4 years without messing with the currency directly. The downfall will be long and drawn out.
It literally cannot. It prints the currency they owe debt in. Worst case is they print a shitload of money and devalue the USD heavily and lose its status as global reserve currency, but at this rate they’re heading that way anyways…
Are you running gluetun on docker desktop for windows by chance?
If so, the networking layer for DD is fucked and every new release fucks it further and differently. Make sure you’re not running any other VPNs on the host, restart the docker daemon and pray. And then move off windows before it’s too late.
Source: made the mistake of starting an *arr stack on DD for Windows cause I didn’t wanna figure out GPU pass-through on VMs, and I suffered with this for a year.
Your 20s suck. No one talks about this. 22-26 were the worst years of my life. I just turned 30 and while I “regret” losing some time of my youth and wish I had more of it, my life is only getting better.
In my 20s I thought I knew what my life was gonna look like, but really there’s so much that you’re still experiencing for the first time. 20s are tumultuous and chaotic, you’re typically low on money, unsure of what you want out of life, unsure of what you’re capable of, and at least for me, I wasn’t sure anything good could possibly come from the mess I felt I created.
Sometime around 27-28 the absurdity of it all kinda hit me, and I realized that I actually am kind of capable of handling my affairs, the people around me also generally stopped acting like chaotic idiots, and I kind of “found my groove” so to speak. So far I have more money and stability than I thought was possible (partially by learning what I didn’t actually want to spend money on), my work life is much less chaotic, and considering myself to be capable has resulted in my workplace taking me more seriously as well.
It can get better. I think everyone’s 20s suck. It’s a time when you have the minimum money you realistically ever will, with all of the responsibilities of a real adult but none of the authority or stability of one. Everyone around you is dumb as shit and figuring themselves out too, so even if you have yourself largely figured out, you’re still somewhat at the mercy of your social group’s stability.
Hang in there friend.