Media whirlwind or legitimate threat to average people?

  • @linkhidalgogato
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    2211 months ago

    0% the american empire would literally collapse overnight if they defaulted. most of the wealth and growth in investments of the financial class in the us is dependent on the us treasurer buying up assets thru the FED to keep them afloat just about every bank would collapse if this stopped and if they cant print money they cant buy useless assets. also the american empire mostly collects taxes from the world in the form of them using usd if the us defaults depolarization would accelerate drastically as the usd looses all trusts it may still have. there is no fucking way the american ruling class will destroy their empire and even most of their own wealth just for a little show of political force over some minor disagreements.

    • Black AOC
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      1311 months ago

      So this is definitely about to be another acquiescence of the Biden presidency that liberals will screech about when it’s lambasted, just like when their CAC-in-Chief decided to ratfuck the rail unions.