Can An Economic Catastrophe Be Prevented?

The damage done by endless wars and astronomical government spending may be at the point where economic catastrophe is unavoidable. However, life is far too complex, with far too many variables and unknowns to say for sure. With that being the case, there are certainly steps that the incoming Trump Administration can take to reverse course. The resistance to what is necessary will certainly be intense. But the immense damage can (at least) be repaired.