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if the majority of the public is much older they will likely vote for measures that favor them. Millennials look like they will be pretty left-leaning. The US could divert 10% of its military budget and ensure seniors live in relative comfort.

I’m not saying these things will come to pass, only that it isn’t obvious to me that there is a coming crash. The economy will morph to reflect the forces that exist within it.




There is a huge debt that the military budget might be diverted into instead. It's likely this military budget that ensures the debt can be never repaid.


US federal debt can't just be "repaid", it's basically all in non-callable bonds. It can be paid on one schedule, and diverting funds to it won't get it paid any faster.


If there is enough money around for that to be possible, I don't see how people could call that a crisis.




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