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Cartaphelius

(868 posts)
1. Optimist.....
Tue Aug 13, 2019, 11:13 AM
Aug 2019

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)
2. Technically, it's illegal for the US to default on its debt
Tue Aug 13, 2019, 11:17 AM
Aug 2019

they'd have to print money, which would lead to a big surge in inflation

brush

(53,776 posts)
5. Hardly likely. The world economy is too interconnected for such events to remain within our borders.
Tue Aug 13, 2019, 01:13 PM
Aug 2019

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)
8. good thing TrumPutin wasn't in office then
Tue Aug 13, 2019, 01:31 PM
Aug 2019

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.

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