Wikipedia defines common sense as “knowledge, judgement, and taste which is more or less universal and which is held more or less without reflection or argument”
Try to avoid using this topic to express niche or unpopular opinions (they’re a dime a dozen) but instead consider provable intuitive facts.
The US is a unicorn country because the US dollar is the primary currency in the world. If the Euro supplanted the US dollar for that position, then the problems with excessive debt could absolutely happen in the US.
That’s becoming less true year over year though. Excessive debt can make it less attractive as a standard in addition to the growth of both the Euro zone and BRICS.
True enough. And Trump could very well accelerate that with his economic temper tantrums. Still, I don’t know what currency BRICS would settle on; certainly not the ruble, not after Putin cratered the whole country’s economy. The yuan?
What they settle on isn’t too important other than it won’t be the dollar.