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US to repudiate it's debt
#1
This could get interesting.

https://www.reuters.com/article/us-healt...SKBN22C3DS

"The Washington Post, citing two people with knowledge of internal discussions, reported on Thursday that some officials had discussed the idea of canceling some of the massive U.S. debt held by China as a way to strike at Beijing for perceived shortfalls in its candidness on the COVID-19 pandemic.

Trump’s top economic adviser denied the report. “The full faith and credit of U.S. debt obligations is sacrosanct. Period. Full stop,” White House economic adviser Larry Kudlow told Reuters. ..."


[Image: tenor.gif?itemid=4963812]
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#2
It's a great opportunity to do so
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#3
(05-02-2020, 08:44 PM)andrew_o Wrote: It's a great opportunity to do so

Trump  talking about selective repudiation is going to be toxic.
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#4
(05-03-2020, 01:26 PM)aqua Wrote:
(05-02-2020, 08:44 PM)andrew_o Wrote: It's a great opportunity to do so

Trump  talking about selective repudiation is going to be toxic.

.
worse than toxic,


it's be financial nuclear war destroying the whole financial world

phrases that come to mind:
MAD Mutually ASSURED Destruction
FALLOUT that lasts many half lives
ETC
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