Here are a couple of more charts for your consideration.
- Sorry, I lost the links for these charts.
And this: US Spent More Than Double What It Collected In February, As 2024 Deficit Is Second Highest Ever... And Debt Explodes https://www.zerohedge.com/markets/february-us-spent-double-what-it-collected-2024-budget-deficit-second-highest-ever-debt
Also, in the 1980s, we did not have a troubled banking system. At the beginning of that year, federal bank reserve requirements were 10 percent minimum, later reduced that year to 5 percent. Today, no bank under the Federal Reserve system is required to hold reserves. Think about that!
It could mean that when the **** next hits the fan, it will be worse than most anyone can contemplate now. Maybe the worst of publicly shared estimates today will prove to be conservative, ...maybe.