Comment by echelon

The "Mar a Lago Accord" plan [1], for those curious. The US debt is one major rationale behind the strategy.

It's a dangerous plan that relies on keeping allies happy and re-establishing hegemony via a Plaza Accords / Bretton Woods 2.0 type system.

It's not going to work if you simultaneously piss all of the allies off.

[1] https://www.youtube.com/watch?v=1ts5wJ6OfzA by Money & Macro, which is a fantastic economics YouTube channel. Patrick Boyle has also spoken about this in pieces.