but it would be an incredibly stupid thing to do.
So we can pretty much bank on it definitely happening, got it.
Comment on The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops
Fermion@mander.xyz 4 months agoI think that might actually send the US into a debt spiral that would require leaning into printing and inflation. Net interest for FY25 is $933 Billion putting servicing debt as the third largest federal expenditure. Any bailout will either be insignificantly small or will tank the dollar.
I’m not saying you’re wrong, but it would be an incredibly stupid thing to do.
skulblaka@sh.itjust.works 4 months ago
LillyPip@lemmy.ca 4 months ago
It’s a good thing trump isn’t dumb enough to think US debt is easily solved by printing more money, right?
Wouldn’t that be crazy?
(I really hope this isn’t something he can actually do. It shouldn’t be possible, but neither should a lot of things he’s done.)