Arthur Hayes

to have enough energy to be self-sufficient.

There's plenty of food in the United States.

Yes, maybe it's not the best quality and there's too much high fructose corn syrup or whatever nonsense that is in the food supply in the U.S., but again, there is enough food in the U.S.

So the debt is a problem, kind of, but from a holistic standpoint, I don't see this zombie apocalypse, hyperinflationary problem for the United States anymore.

Anytime soon we think about Rome, right?

It took hundreds of years for Rome to fall after the underlying economic model didn't work.

We couldn't import enough slaves to do enough labor and there's not enough free, you know, Italian Roman citizens to do stuff.

Took hundreds of years before, you know, Rome fell.

The United States is not going anywhere just because the debt to GDP is 135% or 140%.

There's an immense capacity to add more debt in the U.S.

situation.

Life might not be the most fun and pleasurable for a lot of people, but I don't see this as this sort of like, oh my God, the U.S.

is going to blow up sort of situation because, again, there's enough food, there's enough energy at the right price, and there's no –

outside invader is going to come to the US and sort of like take over.

They're like, why would you want to do that?

Who wants to rule the United States?

Like that'd be the dumbest thing I could ever think of.

I mean, there's a lot there to unpack, but I think the US would transition from a unipolar hegemon to a very powerful country.

And I guess the question is, how does the American psyche handle that?

Could be bad.