I propose they cancel all debts for Ukraine, Canada and Mexico, as well as all student debt and healthcare debts. Call it the have fun trump act or some crap

[–] [email protected] 35 points 2 months ago* (last edited 2 months ago) (2 children)

Let's cancel all our EU debts while we're at it. And of any of our allies in Latin America. And Asia. And Africa. Hell, just keep the debts held by our enemies and rivals.

Normally I would be against such reckless policy, but fuck it, we have reckless policy incoming, we might as well get something good in along with the shit we're about to get shoveled into our mouths.

[–] [email protected] 5 points 2 months ago* (last edited 2 months ago) (2 children)

Geopolitically, what would a huge move like that do?

[–] [email protected] 18 points 2 months ago (1 children)

It would make a lot of legislators considering their budgets for the coming year very happy, I would presume. Probably also a bunch of unintended side effects, possible weakening of the dollar, diplomatic uproar from states we didn't forgive the debts of, worsening situation of our own budget, etc.

[–] [email protected] 5 points 2 months ago

Interesting. Thank you

[–] [email protected] 2 points 2 months ago

“As a Christian I decided to honor the upcoming jubilee early and with biblical literalism”

[–] [email protected] 17 points 2 months ago (2 children)

Right? The conservatives always saddle the liberals with crippling economies and debt, so why not?

[–] [email protected] 1 points 2 months ago

They are already saddled with it?

[–] [email protected] 4 points 2 months ago

Plus pardon Hunter just to get Trump seething

[–] [email protected] 1 points 2 months ago (1 children)

Good thing I didn't buy any Ukrainian government bonds!

[–] [email protected] 7 points 2 months ago

The debt Biden canceled was own to the US government. So this would have been good for Ukrainian bonds, as it makes them more likely to be paid back.