I see global default as inevitable. The level of debt can’t be repaid. The Central Banks (i.e. Federal Reserve) have created an unsustainable and ruinous system and at some point a Jubilee will have to be declared.
It will be damaging, of course. But the current system is damaging. And if we continue down the current unsustainable path who wins and who loses? The little guy loses and the banks win. If we declare a jubilee and debt is erased, who wins and who loses? The little guy wins and the banks lose. Well, the banks caused the problem, so why shouldn’t they lose? It’s not like the Federal Reserve are the Good Guys.
People will say a default is impossible. I say paying off the debt is impossible. You’ve got two impossible things. One of them will end up being possible.
I just hope that we don’t have worthless currency where dollars are less than the new cents.
I don’t understand your rationale here. I think it’s the other way around. The “little guy” in the U.S. has been the primary beneficiary of the current system. $25+ trillion of debt was the cost of enabling this “little guy” to enjoy the highest standard of living in the history of the human race.
I see a tariff as inevitable.
Truth be told, the Federal Reserve is an extension of the Deep State's international banking that has funded such things as the combatants and war machinery on both sides of both World Wars, other wars, defensive and offensive military build-ups and the International Monetary Fund.
That private organization, the Federal Reserve was set up by eliminating resistance to the Federal Reserve in the form of Ben Guggenheim, Isador Strauss and Col. John Jacob Astor, to allow its Congressional approval on Christmas eve, 1913.
J.P. Morgan and Soros, being Crown agents, were cut from the same cloth.
As a Rhodes Scholar, WBJ Clinton was indoctrinated as to philosophy that would keep the colonies in line under the yoke of the world's richest bankers, those of the City of London.
It's gone little noticed that PDJT has placed the Federal Reserve under the US Department of Treasury. It wouldn't take much more than Paul Begala's "Stroke of the pen, law of the land. Pretty cool." to nationalize it and "retire the debt"...to ourselves!
Such an action could break the back of the Deep State, which is not to say that the DS wouldn't fight back, even militarily. Watch for missiles into 1600 and at AF1! Won't that be some kind of disclosure, however, as to who they and their mercenaries really are?! But hey, the US Central Bank should have the best interests of the US in mind, shouldn't it?
For the world's 3D chess players that were going to hand US assets and our slavery work product via a calculated depression created under cover of the human-manipulated SARS-CoV-2 over to "Third Way" China (highlighted to us by Amb.-to-China, CIA-Director GHWB in his 9/11/1991 and 9/11/1990 NWO speeches; Third Way meaning combination of socialism/communism and capitalism), would it be so inappropriate if the US citizenry were to receive compensation from those DS buzzards that have connived to collect the benefits of the sweat off our and our previous generations' brows via interest payments on the debt, inflation and corrupt politicians greedy self-ingratiation at the taxpayer trough? Those latter haven't been working for the benefit of We the People for a long time. Seeing their long-term investment in our servitude go *poof!* seems only right to me. It definitely wouldn't be We The People defaulting and it wouldn't be paying off the debt.
Call it our own answer, a "New Third Way."