I'm not an economist. I claim no expertise. If any economists are reading this I bet you do jump in. I hope I'm wrong but please correct me otherwise. But from what I see:
1) The US has massive debt that has to be serviced so much so that it can (will) exceed economic growth
https://fortune.com/2026/01/22/how-big-national-debt-when-recession-financial-crisis-could-hit/
As we've seen due to recent (nutty) events, the world is shying away. i.e. demand much higher interest rates, for US bonds. (The world has lost confidence in our stability)
So to service out debt, we will need to print money devaluing the US currency making such denominated assets shitty investments (compared to functioning economies)
This is a nasty devaluation feedback loop
If this makes sense, then to where? Gold? Other country denominated assets (whose?)