• rose56@lemmy.zip
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    7 hours ago

    USA at again, isn’t it? The country with trillion debt, that’s about to blow.

    • ameancow@lemmy.world
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      3 hours ago

      about to blow.

      about to

      It’s not. Speaking from decades of living under this, it’s always framed this way, but there are no international financial cops, there’s nobody with American held debt that dares try to collect, we are the biggest, bloated monster with the biggest, baddest bloated military.

      At the end of the day, the one with the biggest stick wins. Until that collapses, USA will continue to have an economic hegemony.

    • 1984@lemmy.today
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      7 hours ago

      It has always been a thing with America. The debt has been astronomical for many decades. I know its easy to believe its something new, but it really isnt. My entire life, America has been like this.

      Im not too interested in the why, but I have glanced articles explaining why this is actually ok because of their position in the world, the world currency being the dollar, and other factors. Its very boring for me but you can find info about it.