Toronto Talks

The Great American Default: Debt, Dollars, and the Degradation of Empire

Ashraf Amin Season 1 Episode 9

What happens when a global superpower starts defaulting—not just on its debts, but on its promises?

In Episode 009 of Toronto Talks, Ash and Sophie unpack the mounting contradictions in the U.S. economic system. From spiraling national debt to tariff-fueled inflation, from de-dollarization to digital currency backlash, this episode examines the cracks forming in the foundation of American financial dominance.

We explore:

Why debt-to-GDP ratios are becoming meaningless

The quiet collapse of the petrodollar system

How digital dollars could backfire on U.S. global influence

The moral and strategic costs of weaponizing currency

🎥 Watch the full episode now to understand why the next crisis may not be economic—it may be existential.

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