❄️🇨🇾#FreePalestine #BDS🇵🇸🕊️💙🇵🇸🕊️

It gets worse: at least one police force admitted using "photofit" images — not actual photos — for facial recognition searches. That significantly increases the risk of misidentification.

This is not analysis. It is doom-laden storytelling dressed up as inevitability. The United States is a currency issuer. It borrows in dollars, which it creates. That means there is no solvency risk of the type being implied here. The idea of an “unstoppable debt spiral” misunderstands how the system works. A few points. First, interest payments are a policy variable, not an external constraint. The Federal Reserve can set the rate it pays on reserves and influence Treasury yields if required. Japan has demonstrated this for decades. Second, so-called “bond vigilantes” do not have unlimited power. The central bank is always the ultimate price setter in its own currency if it chooses to be. Third, credit rating agencies have a poor track record and no operational authority over a sovereign currency issuer. Fourth, the real constraint is not “running out of money”, but inflation and real resource limits. That is the only place where a genuine problem can arise. Finally, predictions of imminent collapse of the dollar have been made repeatedly for over fifty years. They have all been wrong. There are real issues — inequality, underinvestment, political dysfunction, war — but this narrative is not one of them. It is fear-based misunderstanding, not economics.