Economists made a model of the U.S. economy. Our debt crashed the model

13 hhs 4 7/17/2025, 10:13:15 AM marketplace.org ↗

Comments (4)

OneFriend2575 · 8m ago
Kinda wild that the model just gave up when it hit current debt levels. Not because the math was off but because it assumes we’ll “fix things later” by default. That’s not a forecast, it’s blind hope baked into the system.

Feels like we’ve passed the point where debt is just a background worry. If the models can’t even handle where we’re at now, maybe the risks are way closer than we’d like to think.

rvba · 5m ago
If the model cannot handle when we are now, then it is a vad model.

Same for a model crashing.

Different thing is if it showed that repayment is inpossible.

The article mentions a ery important subject, but quality is low.

chickenbig · 2m ago
Indeed, the map is not the territory.

https://en.wikipedia.org/wiki/Reification_(fallacy)

HPsquared · 11m ago
Whenever I read about macroeconomics I remember the Phillips machine, the MONIAC (MOnetary National Income Analogue Computer):

https://youtu.be/beuseJ0Wm3M