this post was submitted on 20 Nov 2024
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Ukraine

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[–] [email protected] 1 points 1 hour ago

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

[–] [email protected] 65 points 8 hours ago (1 children)

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

[–] PugJesus 24 points 7 hours ago* (last edited 7 hours ago) (1 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] 4 points 7 hours ago* (last edited 6 hours ago) (2 children)

Geopolitically, what would a huge move like that do?

[–] PugJesus 13 points 7 hours 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] 3 points 6 hours ago

Interesting. Thank you