• @Mystery_Man@lemmygrad.ml
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    42 years ago

    That’s not going to happen.

    What isn’t? I only really made one, maybe two, ‘sort-of’ predictions. I really only said that once the Russia-Ukraine war is over, maybe 6 months after, the USA public will have mostly moved on, because they have notoriously short memories.

    The sanctions are going to bankrupt the US, Canada, UK, EU, and Japan.

    It’s literally not possible for a country that enjoys total control over its own currency to go bankrupt. That applies to the USA, Canada, UK, and Japan. The EU might also apply as a whole but not any member country. No country with monetary sovereignty can default when the debt is written in its own currency.

    I don’t know how it is that you have come to this position, what analysis you have done, but it seems overly optimistic to me.

    • @folaht@lemmygrad.mlOPM
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      2 years ago

      the USA public will have mostly moved on, because they have notoriously short memories.

      That’s the part that’s not going to happen. The US is going into hyperinflation.
      EU too. I live in the EU and gasoline prices here are already spiraling out of control.
      I just walked past my local gas station. It’s $10 a gallon now. Last month, $8, last year $6.
      No one is going to forget an economic collapse.

      It’s literally not possible for a country that enjoys total control over its own currency to go bankrupt.

      My apologies. I mean they’ll collapse economically. The US and EU government debts are far beyond danger levels and now we’re economically blocking the very nation that has the least debt and the best energy resources.