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I have a question 🤔💭 Theory 😲💡

posted 1 year ago by brain_dead 1 year ago by brain_dead +48 / -0

I am a brain dead, so I have a question for you smart people.

Let's assume that the debt ceiling talk cannot be resolved and we as a country default on our debt.

What happened then? Who are these debtors? What will they repo?

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– 614Patriot 8 points 1 year ago +8 / -0

I think they will collapse the banks, blame it on the debt ceiling and then replace the money lost in the banks with CBDC.

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– brain_dead [S] 2 points 1 year ago +2 / -0

Oh, that's a big likely scenario but assume they take all the people money that's in the bank, that still won't pay for the nation's debts though because it is just a piece of paper. Are you thinking they will take the buildings?

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