Armageddon is when the rest of the world feels that the US tax payer cant afford to pay for this mess.
You’re close. I agree with the slant of your comment.
Armageddon is when foreign powers conclude the US will devalue the dollar to inflate our way out of massive debt (which we owe mostly to foreign nations). Then those nations will dump the dollar as the de facto reserve currency.
I believe that particular form of Armageddon is now INEVITABLE for the US dollar. It is merely a matter of time. The EURO, the RMB, and gold will likely benefit.
