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Does anyone here think that Trump's plan might be to totally default on US national debt?
He's currently vilifying debt holders like China and the EU. Especially, he's deliberately painting a picture whereby it looks like it's these entities are mooching off and generally taking advantage of the US.
Also, the fact that public expenditure is being cut left, right and center, in preparation for the fallout from this course of action, tends to support my hypothesis.
Trump's entire business career has been one of bankrupting his businesses and not paying his debts, and he may be about to do it with an entire country this time.
@Shivviness there was a plan circulated in the WH about massively devaluing the USD to make it easier to turn the US from a service economy to a manufacturing economy.
Mad, obviously, but with Nero in charge....
@Shivviness I absolutely think it’s part of the plan.
Crash everything so only the super rich have anything left. They will then buy up and privatize everything for pennies on the dollar. The working class will be hungry, unemployed, no health care, etc and desperate to do any work for any low pay. It’s a billionaires wet dream!
Just like how Russian oligarchs consolidated power and ownership after fall of Soviet Union.