I don’t disagree that our fiscal situation is unsustainable. I’m curious specifically about the people envisioning (with barely disguised glee) the US erupting into a civil war within 5 years, as they seem somewhat to have lost touch with reality.

Warnings about the deficit are spot on. It is a safe bet that the country with government that spends 50% more than it takes in as taxes will not give above inflation return on its government debt. As a side note, most of the "Western world" is in the same boat (spending way above the long-term ability to pay, so eventually will have to default-by-inflation on bondholders).

But I am sure the poster you are responding to was criticizing the take about US splintering into parts due to armed unrest within the next 5 years. Which sounds completely nonsensical to me as well.

>Fink is still a big believer in the U.S. economy and argues things are looking mostly constructive at this point. He feels the bull story is still intact, but its durability matters a lot more.

So do you believe him? Let me guess: you'll pick and choose the parts