this post was submitted on 19 Jan 2026
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Microblog Memes

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Deutsche Bank here with the good stuff. Game on. (media.piefed.zip)
submitted 2 days ago by Stefan_S_from_H@piefed.zip to c/microblogmemes@lemmy.world
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Source: https://bsky.app/profile/katie0martin.ft.com/post/3mcpsqmprjx25

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[โ€“] JoMiran@lemmy.ml 6 points 2 days ago (1 children)

Then the US defaults, the dollar craters, and the trillions european countriesbhave invested are instantly worthless. Gone. Disappeared.

[โ€“] AbsolutelyNotAVelociraptor@sh.itjust.works 15 points 2 days ago* (last edited 2 days ago)

At a certain level, economics are just about good will.

If the whole world sees that the US don't want to pay, on mutual accord, we can decide that they don't owe anything to anyone, effectively cancelling the debt.

After that, the US will remain out of the rest of the world without the possibility of borrowing any money at all.