Dr. Yeadon,
You're not alone with that assessment. The Global Predators know that the system is already comatose and something drastic has to be done - whether it makes sense or not. As of today, if you liquidate everything the US has, including the land and all other assets, each American will be worth ~ (-$200,000).
Let me detail the statistics that prove your point. I bet you may not have seen these stats before. The date of my estimates is at the bottom.
US Total Unfunded Liabilities : $169, 586, 872, 950, 543.0 (fed+states). 15 digits!
US Total Debt : $90, 905, 683, 245, 654.0 (fed+states). 14 digits!
US Total National Assets: $194, 767, 783, 583, 435.0 (everything between Mexico and Canadastan + US worldwide assets). 15 digits!
Global US Account Balance: -65,724,772,612,762.0 (-$66 Trillion!!!). 14 digits!
Absolute Value of each American: (-199,166)
Time of estimate: 2022-06-01 9:34:56 PST.
Source: https://usdebtclock.org/