Andrea Junker
A
Allow me to address the elephant in the room: the only one who would benefit directly if the U.S. defaults on its debt is Vladimir Putin. — Now the GOP’s behavior suddenly makes sense, doesn’t it?
03:20 PM - May 18, 2023
Avatar Avatar Avatar
0
20
431
Brian Nakamoto
A
Also socialist Europe & communist China…Gold would benefit too. The GOP seems to comprehend & like gold. (I wonder how many confuse it with Australia…) Here's hoping McCarthy has enough rational Republican votes & POTUS' concessions don't haunt him in 2024. Woe be the party that tanks our economy.🧐
In response to Andrea Junker.
08:38 PM - May 18, 2023
2
0
Vera Hausherr
A
In response to Brian Nakamoto.
No, Europe wouldn't benefit. Our economy is tied in way too much with that of the US - if you guys go down, so do we. Besides, I'm not sure how often this needs to be said, Europe is not socialist...
China might benefit, but too much of their funds are invested in US national debt.
04:44 PM - May 22, 2023
1
0
Brian Nakamoto
A
In response to Vera Hausherr.
Sorry, I was going to put quotes around "socialist" to better hint at my sarcasm since that's how a lot of the Republican Party here labels all of Europe, but I ran out of characters.

I appreciate maybe implying the USD will remain the bulk of the world's reserve & FX currency even if we default.😅
10:08 PM - May 22, 2023
0
0
Matt Egan he/him/his
A
In response to Brian Nakamoto.
They see polling saying Americans will blame Biden more than them, so they're actively trying to default, so they have something besides attacking trans kids for an issue to run in the election. I never believed that they wouldn't try to default, the GQP will benefit electorally from it vs Biden.
04:41 PM - May 22, 2023
1
0
Brian Nakamoto
A
In response to Matt Egan he/him/his.
I'm pretty confident McCarthy has the votes & the will to avoid going down in history as the Speaker who shocked the global economy worse than his fellow Republican from California, Nixon. Granted, The Nixon Shock has worked out thus far (😅) if you agree that USD fiat is a great American advantage.
12:59 AM - May 23, 2023
0
0

 

{{ notificationModalContent }} {{ promptModalMessage }}