General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe End Game?
As seen in the comment section @MotherJones
Bleak. BUT...
Cartaphelius
(868 posts)I would bet that to save your virginity you sacrificed a close "neighbor".
They have already CLEARLY and PUBLICLY demonstrated the effect of
of elections.
Remember 2016?
NewJeffCT
(56,828 posts)they'd have to print money, which would lead to a big surge in inflation
world wide wally
(21,742 posts)John Cameron Swazy
empedocles
(15,751 posts)brush
(53,776 posts)If that scenario was put into motion it would quickly spread around the world. It won't happen as no one could control who gets hurt.
Nice James Bond movie plot though.
Hermit-The-Prog
(33,340 posts)brush
(53,776 posts)Hermit-The-Prog
(33,340 posts)Try "global financial crisis" in your favorite search engine. The world economy is, as you stated, interconnected. That leaves it open to a domino effect.
One of the causes of that crisis was determined to be a failure to regulate financial institutions, yet the Republicans took us right back into deregulation mania when they took over in 2016. Trump has been slashing regulations since taking office.
Trump likes bankruptcy. It's been his m.o. for decades. It's not beyond reason that he would work toward making the U.S. default on its debt, regardless of consequences.