US GDP & Major European country bankruptcies

The GDP growth is based on the US debt spending as we see billions of Treasury sellings. And, all is hoping for survived Americans to spend until bankrupted. Not going to happen in US.

That tactic has bankrupted European countries, and now it is affecting the United States. Obviously, we are seeing Asians, except Japan, are going through early stage of financial market boom to go through the same cycle as the Europeans and Americans.

All major European countries such as England, France, Germany, Switzerland, Belgium, Ireland, etc are literally bankrupted.