Is This The End Of The US Dollar Dominance? - A Chat About U.S. National Debt

Because the U.S. has been running on a deficit (less tax revenue than the total spending) for the last few decades (with a few exceptions), we have a debt problem. The U.S. national debt hit $31.51 trillion as of Jan. 26. 2023. Our current debt ceiling is $31.4 trillion. What happens then? Nathaniel and Tim discussed how Congress can increase the debt ceiling (once again), how the dollar being a global reserve currency plays an important role in our national debt issue...