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Mainly because the US Dollar debt at some 39 to 40 trillion is now unserviceable and the US is going to default the debt payment. So countries are preparing for
by nxdmum 1mo ago
Mainly because the US Dollar debt at some 39 to 40 trillion is now unserviceable and the US is going to default the debt payment. So countries are preparing for that eventuality - the US ship is on the event horizon but being slowly but surely sucked into the Black hole. The last govt was ensuring spending all the unspent budget - even if they knew it was bad for the country . The current govt will be left holding the baby when the crash comes. The only question is how long can you hold - 1 year 2 years before the ship crosses the edge of the event horizon
- amanaplanacanal 1mo agoYou say that like the current government is spending less. Republicans only talk about spending less, they don't actually do it. They do cut taxes though, so the debt grows even faster.
- jackb4040 29d agoYou mean to tell me the army of school shooters deporting millions of manual laborers didn't pay for itself?