I hope so, but something is telling me this is going to be one helluva long and hard fight and may not be won until well after Trump leaves office.
If this doesn't happen before he does leave office, all bets are off as to whether it gets accomplished or not.
Also, whether it was due to fraud or not may not even be relevant. The fact remains that there exists nearly $40T in U.S. debt owned by other entities outside the U.S. And according to Int'l Laws, that debt MUST be paid back. We even had to pay back the debt that the UK Crown Monarchy was owed by The Colonies after the American Revolution, the War of 1812, the U.S. Civil War, and the Reconstruction Period.
I'm not trying to be a black piller here, but let's not get too comfy with the idea that the vast majority of the U.S. Federal Debt can just be wiped out without some major repercussions to the U.S. and global market economies. One of the more concerning repercussions is that we end up having to go to war with the rest of the world over it.
I'm not saying that it will happen that way, or that it's even on the table at this time, but that it's definitely a distance possibility.
good point so I looked up how much about $6.5 trillion is owed to other countries, Japan being the largest holder of debt, the UK and China holding under $ 1 trillion each.
China owes the US USA for operating with the deep state for coronavirus, and election deals, and stealing all of our tech for decades back to Clinton.
City of London, financial capital of evil.
Japan, I think we can work with China can pay the USA and the debts owed to other countries can be paid and evened out.
I hope so, but something is telling me this is going to be one helluva long and hard fight and may not be won until well after Trump leaves office.
If this doesn't happen before he does leave office, all bets are off as to whether it gets accomplished or not.
Also, whether it was due to fraud or not may not even be relevant. The fact remains that there exists nearly $40T in U.S. debt owned by other entities outside the U.S. And according to Int'l Laws, that debt MUST be paid back. We even had to pay back the debt that the UK Crown Monarchy was owed by The Colonies after the American Revolution, the War of 1812, the U.S. Civil War, and the Reconstruction Period.
I'm not trying to be a black piller here, but let's not get too comfy with the idea that the vast majority of the U.S. Federal Debt can just be wiped out without some major repercussions to the U.S. and global market economies. One of the more concerning repercussions is that we end up having to go to war with the rest of the world over it.
I'm not saying that it will happen that way, or that it's even on the table at this time, but that it's definitely a distance possibility.
Only time will tell...
good point so I looked up how much about $6.5 trillion is owed to other countries, Japan being the largest holder of debt, the UK and China holding under $ 1 trillion each.
China owes the US USA for operating with the deep state for coronavirus, and election deals, and stealing all of our tech for decades back to Clinton.
City of London, financial capital of evil.
Japan, I think we can work with China can pay the USA and the debts owed to other countries can be paid and evened out.
https://www.statista.com/statistics/246420/major-foreign-holders-of-us-treasury-debt/
FEDERAL GOVERNMENT debt! Doesn’t even count all the rest of it!