Go to https://ground.news/unherd to think for yourself and get the full picture. Subscribe through our link for 40% off unlimited access to Ground News. 📰 Subscribe to UnHerd today at: https://bit.ly/4cfaeH0 In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau debunk the mainstream economic orthodoxy that reserve currency status grants America immunity from default, exposing how the US is heading towards an uncontrollable sovereign debt spiral, while exploring how China is pursuing an alternative path to escape economic stagnation through state-directed open-source automation. Watch it on the UnHerd website: https://unherd.com/watch-listen/america-is-spiralling-towards-a-debt-crisis/ Listen to the podcast: https://plnk.to/unherd?to=page Advertise on UnHerd @ zoe.white@unherd.com Follow UnHerd on social media: Twitter: https://twitter.com/unherd Facebook: https://www.facebook.com/unherd/ Instagram: https://www.instagram.com/unherd/ TikTok: https://www.tiktok.com/@unherdtv #UnHerd #Dollar #AI