RE: https://newsie.social/@ZhiZhu/116286455854932217
since Trump has bankrupted the USA, the new moderate position should be to seize all the assets of the billionaires and millionaires who scammed the country into bankruptcy, no?
RE: https://newsie.social/@ZhiZhu/116286455854932217
since Trump has bankrupted the USA, the new moderate position should be to seize all the assets of the billionaires and millionaires who scammed the country into bankruptcy, no?
I hate this article. The government straight up *can not* pay off the debt. Because the money supply is to first order equal to the debt. If they paid off the debt they'd have to tax all money out of existence. Then the whole country would collapse into a depression worse than the great depression. The govt debt is truly a meaningless number.