Joe
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I comment on what you post. Do the math.
Huge implications for the rest of the world economy too @Garraty_47 .Sounds reasonable until you realize in a predatory capitalist system what the oligarchs and their apologists mean by "turn on the light" is setting 90% of the people in the room on fire.
That 'warm glow' favored by the parasitic classes isn't illumination; it's incineration.
It is known.
Because of course it'll push up the debt everywhere else & the cost of borrowing
Since the US uses up most of the worldwide credit available it'll squeeze out many other nations. so even if these countries have a healthy credit rating & responsible fiscal policies it will affect them adversely too.
I suppose what Trump & his successors will do is pull a George W Bush & get the rest of the world to bail them out next decade.
As his record shows Trump doesn't care about bankrupting your country. Because he'll default and force a reset.
I think they know the US is eventually going down so they'll grab or steal whatever they can for themselves
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