Replies

To: NewJerseyJoe

“The good news is such a wakeup call will weaken the US regime, potentially forcing policymakers to embrace a more sane fiscal and monetary policy.”

this will hopefully stop the international bailouts

2 posted on 06/30/2023 8:50:35 AM PDT by teeman8r (Armageddon won't be pretty, but it's not like it's the end of the world or something )

To: teeman8r

The bad news is our prices will triple or worse for everything we buy. Say goodbye to your savings.

3 posted on 06/30/2023 8:54:40 AM PDT by Codeflier (Don't worry....be happy)

To: teeman8r

Bkmk

9 posted on 06/30/2023 9:02:29 AM PDT by sauropod (“If they don’t believe our lies, well, that’s just conspiracy theorist stuff, there.”)

To: teeman8r

Have you been keeping up with the “news” lately? Ukraine?

They are borrowing money from say, China, and giving it to say, India. Or Ukraine. Or whomever.

12 posted on 06/30/2023 9:05:01 AM PDT by Freedom4US

To: teeman8r

There will not be a different Global Reserve Currency. If they drop the dollar there will be NO Global Reserve Currency.

Last year 11 BILLION TONS of shipping crossed the planets oceans. What happens when they have to switch to Gold or Barter?

Blame it on global warming.

16 posted on 06/30/2023 9:36:59 AM PDT by MMusson

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