US Debt Crisis: Economic Models Crash, Predicting Disaster

Concerns about the massive US debt are resurfacing. Economists used powerful computing models to simulate future economic trends, with shocking results: the models failed to converge, meaning long-term economic projections are impossible under the current rate of debt growth. This isn't just another 'boy who cried wolf' scenario; it signals a potential economic catastrophe. Continued debt escalation could lead to soaring interest rates, economic contraction, and other severe consequences. Experts suggest reforms like raising the retirement age, implementing a carbon tax, and reducing social security benefits, but the probability of success is only 5%.