Countries can and have come back from this. Chile, Germany, Italy, Japan, Spain, Brazil. I hope you guys can pull back from the precipice before you end up like any of those though, because we are all at least somewhat familiar with the hell each of them went through before they came out the other side. Not to mention that some of those descents sparked global conflict.

Only recently, South Korea had a bit of a scare. Luckily, their institutions were solid and able to mount a robust defence. I don’t know if I am as confident with regard to US institutions.