5 ms·
A lot of smaller countries get bailed out by large countries and when the small countries go down only a small % of people and next to nothing of humanity is im
by aiauthoritydev 2y ago
A lot of smaller countries get bailed out by large countries and when the small countries go down only a small % of people and next to nothing of humanity is impacted.
US defaulting on its debt is likely going to be a far bigger problem than climate change or a small war. It also sets entire humanity back by decades.
- schmidtleonard 2y agoLast time the US soft-defaulted on its debt, it was twice as large as a fraction of the world economy.
- justin66 2y ago> US defaulting on its debt is likely going to be a far bigger problem than climate change or a small war. I wonder how much you think the US defaulting on its debt would cost the world. It would be fairly disastrous, yes, but as a Forbes headline said a few weeks ago: "Climate Change Will Cost Global Economy $38 Trillion Every Year Within 25 Years, Scientists Warn."