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smartest_kobold t1_ja4mm24 wrote

If America goes into default, a bunch of things are going to happen that are both bad and unprecedented.

Fortunately, nobody's been quite stupid enough to nuke their own money so far.

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PebblyJackGlasscock t1_ja5pwdu wrote

> nuke their own money

Right. This is an imaginary issue that will be used as political theater, but has ZERO chance of happening, no matter how much McCarthy huffs and puffs.

To do so would be unprecedentedly stupid. It’d get rid of a few billionaires the hard way and the “trickle down” would wipe out a couple sectors of the economy, forcing a full-scale worldwide depression.

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RetroIsBack t1_ja6c1n8 wrote

If the US defaults, the world has bigger things to worry about.

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