It is a good thing. You shouldnt look at total debt, but the service costs of holding such debts. A country with massive debt doesnt pay it, it will refinance it.
We figured out about 5 years ago that debt isnt finite for a country.
Op is a meme poster with zero clue on how money works.
Imagine peddling QE while claiming other people have zero clue how money works. 😃
You should learn a bit about how debt works yourself. US has been able to effectively create unlimited debt by virtue of the dollar being the global reserve and being needed for countries to buy essential things like oil that modern economies need to function. When US prints money, it gets absorbed by other countries. That's the magic trick US has been using. Now, countries are starting to dedollaraize and demand for US currency is dropping. Meanwhile, you don't need dollars to buy things like oil now either. And that's where the problem for US comes in. Actual economists, such as Micheal Hudson, have explained this dynamic in great detail. One example being here https://valdaiclub.com/a/valdai-papers/valdai-papers-116/
Maybe try educate yourself a bit on the subject before making personal attacks on people out of sheer ignorance.
In economics it's hard to say something for certain until it has been carried out by a big macroeconomical subject, and if what you mean is something of infinite debt accumulation, it's even harder to measure it because it can mean that at any point there could be a non prevented scenario where things didn't go as planned. I doubt there has ever been a case in history of an entity with so much debt, and while maybe it works as is described here, it can also mean that it could act in a totally different way under a different scenario. For example one where a country who's currency is used globally stops being so. Time will tell, I guess. I'd love to see some quotes about how this paper says things work, if you have read it.
The idea that you can have infinite debt because you can finance it for an infinite length of time only holds true as long as people have faith in the economic system. The point of the post is clearly to show that OP has a decreasing amount of faith that the money will ever be paid back, leading to a declining sentiment towards the dollar.
"The debt limit does not authorize new spending commitments. It simply allows the government to finance existing legal obligations that Congresses and presidents of both parties have made in the past."
"The first debt limit was established to give the Treasury autonomy over borrowing by allowing it to issue debt up to the ceiling without congressional approval, making it easier to finance mobilization efforts in World War I. Before that, Congress generally had to authorize the Treasury to borrow in smaller increments."
So what's different now? Welll...
"In the last two decades, the U.S. has added $25 trillion in debt, spending nearly $1 trillion more than it receives in taxes and other revenue every year since 2001—in large part due to financing wars, tax cuts, emergency responses, and expanded federal spending. To make up the difference, the government has to borrow money to continue to finance payments that Congress has already authorized."
A large part of that spend were the wars in Afghanistan and Iraq. Under President Bush, the war spending was "off budget". In other words, it was funded by emergency spending declarations. $1.1 trillion in direct costs and $2.4 trillion in indirect costs and interest.
Social Security was $1.22 Trillion, we can't touch that because people have been paying in their whole lives.
Transfers to States $1.21 Trillion, Medicaid, Transportation dollars, "other". Same problem as defense, too many Congress critters demanded this money.
Other Spending $1.16 Trillion, Education, "Other".
Defense $1.03 Trillion - Needs to be cut. What isn't cut needs to be audited.
Medicare $756 Billion - Needs an audit for fraud and abuse, but won't come close to balancing everything.
That's because the dollar is declining as the world reserve currency as a result of the US declining as the hegemon .
The debt will only become relevant after the petrodollar is dead and after countries stop pegging their own currency to the dollar and after SWIFT becomes irrelevant and all the other things that prop up the dollar, and we've already long passed the point where the debt could be reduced enough to save the dollar after it loses its status. The high global demand for dollars meant the debt was irrelevant, but now that demand is on the decline the dollar is fucked and it can not be saved.