According to the FT this morning, the US may put tariffs on capital inflows, so effectively a tariff on investing there. In addition some close to the administration are advocating a default (restructuring) of government debt. Trump has form when it comes to defaulting so I'd take this seriously. The USA could be the the best #Argentina as it seeks to devalue the dollar to boost exports.

#usa #tariffs #debtdefault

Currently no US generals are being appointed because one senator from Alabama ... there were discussions in the trade unions on a general strike.

The latest indictment of Donald Trump, his fourth criminal case this year, marks another new stage in the dysfunctional, chaotic, fractured current-day USA.#cwi #debtdefault #Democrats #DonaldTrump #doomloop #DSA #Inflation #JoeBiden #RoevsWade #Teamsters #TheSocialistissue1240 #Trump #UPS #US #USA
US: fissures prepare eruption of political crisis and working-class struggle - Socialist Party

Debt crisis looms near
Talks remain at a standstill
Biden and McCarthy

#debtceiling #usdebt #bidenmccarthy #debtdefault #haiku #poetry

https://www.nbcnews.com/politics/congress/live-blog/debt-ceiling-live-updates-rcna86158

Treasury Secretary Janet Yellen
Says debt ceiling must be raised by June eleven
If no action is done
We'll be defaulted and gone
Let's prepare and see what must be done

#debtdefault #debtceiling #janetyellen #treasurysecretary #limerick #poetry

https://www.cnn.com/2023/05/24/business/prepare-debt-default/index.html

🤬

U.S. #debtdefault could hit #SocialSecurity payments first -
The Washington Post

https://apple.news/ANbdR6UIDSpOGPy5i9w164w

Just read this CNN article on how Americans might prepare for the government debt default. Let me save you the trouble: You should have saved an emergency fund. Lol 😠🙄

https://www.cnn.com/2023/05/24/business/prepare-debt-default/index.html

#debtdefault #debtdefaultcrisis