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The Trump authoritarians are going to deliberately destroy the dollar


The Trump authoritarians are going to deliberately destroy the dollar

...there's one recurring thread that haunts us that people aren't yet talking about: the debt ceiling, which must be addressed once again by January 2nd, 2025.

As I've reported in The Washington Spectator previously, any default on US debt would be unprecedented, sparking a global catastrophe with unpredictable outcomes. How soon we forget -- in 2021 Moody's estimated that default could mean the loss of at least 6 million jobs and the destruction of $15 trillion in wealth. (The COVID bailout packages amounted to about $4 trillion, by comparison.)

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