America needs to default

Wow, the whole world saw except you.
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Is that kid a close relative?
 
Biden is now working against his own government. In general, never mind how to solve this, but you can’t allow Treasuries to be dumped and oil traded in other currencies. It is the government's source of funding, including military spending. America will lose the opportunity to be a world player if this happens.
 
The press writes that there are materials about Biden's relations with the Chinese Communists, including defense issues, he is suspected of corruption and espionage, but the Senate does not consider these materials. I think it's true, all the symptoms are obvious. This signals that the left is flushing the US down the toilet.
 
Times after Bush are very dark times for the whole world, including Russia. In Russia, this time is also difficult, especially after the 2014 crisis.

Trump was the first Republican who did not pursue a true Republican right-wing policy. This is a terrible omen.
 
According to the dirty rules that now exist in the world, default is beneficial for America.

All government bonds and assets that are sold on the market are, in fact, paid by the Americans themselves with inflation.
If now China starts dumping treasuries. hyperinflation begins.

But under international financial laws, the country is not responsible for sovereign debt. If America defaults, it will save a lot of resources. If the assets are sold gradually, they will fall on the shoulders of the Americans.

It can serve as a blackmail tool. America can say: if you refuse the petrodollar, we will default. In this case, China will lose all of its dollar-denominated assets.
Americans hold most of the debt, so if the government defaults it will be screwing millions Americans.
 
Times after Bush are very dark times for the whole world, including Russia. In Russia, this time is also difficult, especially after the 2014 crisis.

Trump was the first Republican who did not pursue a true Republican right-wing policy. This is a terrible omen.
You jmust be joking. So you believe Bush II pursued a true Republican right-wing policy? You're an idiot. Bush tried to pass an amnesty.
 
Americans hold most of the debt, so if the government defaults it will be screwing millions Americans.
They are hold only by the institutionalists, and the fed itself, they have nothing from them.
 
You jmust be joking. So you believe Bush II pursued a true Republican right-wing policy? You're an idiot. Bush tried to pass an amnesty.
Mexicans? This is right politics. It's only idiots who think that the left-wing Prussian Nazism of the Trumpsters is related to the right
 
They are hold only by the institutionalists, and the fed itself, they have nothing from them.
The "institutions" you refer to are granny's pension. The Fed doesn't hold T-bills, moron. What would be the point of loaning money to yourself?
 
The "institutions" you refer to are granny's pension. The Fed doesn't hold T-bills, moron. What would be the point of loaning money to yourself?
The Fed buys them back to prevent depreciation.
For grandmothers' pensions, this dead weight is useless; it does not affect real funding.
 
The Fed buys them back to prevent depreciation.
For grandmothers' pensions, this dead weight is useless; it does not affect real funding.
The Fed buys them back so it can print money. That's why federal debt causes inflation.

Taking the T-bills out of Granny's account won't affect Granny's retirement? You're a fucking moron.
 
The Fed buys them back so it can print money. That's why federal debt causes inflation.
Stay away fool. Yes, they do it, but it is beneficial for them that foreign holders pay for it, this is a necessary measure. It is always preferable that they be bought out by China than by the Fed, then inflation will be in China and not in the USA
 
Stay away fool. Yes, they do it, but it is beneficial for them that foreign holders pay for it, this is a necessary measure. It is always preferable that they be bought out by China than by the Fed, then inflation will be in China and not in the USA
Granny pays for it, you fucking moron.
 
The fund holds securities that do not bring real profits (cost - inflation). Where does the fucking money come from then? It's like a deposit in a reliable bank.
 

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