I suspect Trump will be last call for drinks.

The hangover is when that everything bubble pops.

Like when Trump cranks up the sanctions on China and China sanctions treasuries.

Debt doesn't matter. Until it does.

Consider the Federal debt started to grow with the New Deal, so not only was Roosevelt putting unemployed labor back to work, but unemployed capital as well. Then WW2 came along as the largest public works project in American history, leaving the military as the golden child.

As a social super organism, states evolve government as the nervous system, executive and regulatory, while money and banking serve as blood and the circulation system.

We have evolved enough to understand government has to function as a public utility, but don't yet realize the same principle applies to banking. Consequently the banks are having their, "Let them eat cake." moment.

The only real job the flunkies in DC have, is running up the debt the financial sector needs to grow metastatically. The secret sauce of capitalism is public debt backing private wealth.

That they go play cowboys and Indians on the other side of the planet with the loot, rather than investing it back into the country, is simply a consequence of giving soulless reptiles that much power.

Russia and China essentially went back to private government, with Putin and Xi as respective CEO's, specifically to control their oligarchs. Which is why our oligarchs and all their flying monkeys hate them so much.