Comment on Where does the revenue gathered from taxes go and what is national debt?
SleeplessCityLights@programming.dev 3 days agoI do forsee the US not being able pay debt in 10+ years and nobody will lend them anymore money.
Comment on Where does the revenue gathered from taxes go and what is national debt?
SleeplessCityLights@programming.dev 3 days agoI do forsee the US not being able pay debt in 10+ years and nobody will lend them anymore money.
IronBird@lemmy.world 2 days ago
that’s the fun part of centering your country as lodestone of international finance/trade, entire western world is basically held hostage by USD (also, their rich people love the US’s unregulated markets and under-educated population as easy exit liquidity)
prole@lemmy.blahaj.zone 2 days ago
Until everyone switches to the Euro as the world’s reserve currency because USD has become too volatile
anon_8675309@lemmy.world 2 days ago
Which is what Trump/Putin want.