What this guy says is pretty close to how I see it: https://www.youtube.com/watch?v=FWTlCaJVolo
The US will not solve it's debt problem by cutting spending, running surpluses, or raising taxes. No... instead:
a) The fed funds rate will go up to fight inflation
b) Treasury rates will be held artificially low via QE: the fed buying as many treasuries as necessary to prevent the US govt from defaulting
c) Government spending will juice the economy locally in a 'numerical' fashion, getting people working harder again,
d) That will raise GDP and tax revenue to some degree, but the biggest effect will be via inflation
e) US debt to GDP rates will fall for the next 40 years or so to unwind the current position.
In summary he suggests:
1) Increase your income, and prefer jobs with income that increases with inflation such as sales, or running a business
2) Get rid of adjustable rate debt
3) Get fixed-rate debt that pays for itself (what you owe will fall in real terms as the dollar is inflated away in value)
4) Get wealth outside of the system ASAP since wealth controls are going to get much tighter as time goes on
In addition (things he didn't say), I would recommend investing in commodities and hodling bitcoin.