The Mudcat Café TM
Thread #173796 Message #4215451
Posted By: Donuel
17-Jan-25 - 08:32 AM
Thread Name: Convicted felon US 47th President/ Musk Coup
Subject: RE: Convicted felon US 47th President 1 thread
"The money is the biggest problem by far"
This is how it will end: The bankruptcy king, Donald Trump, will explode a 46 trillion-dollar debt until the bond market will no longer buy federal bonds. Game over. The bank is empty. Billionaires will scatter with their share of the loot to other markets and countries.
Desperate measures will be tried with unknown results. Besieged by climate disasters the hardships will be catastrophic. No, Stilly, it will not end well for anyone but the top 3% and their loyal servants. I suspect that people as clever and pioneering as Stilly will find ways to live and eat in a destroyed economy, but as Elon has already suggested, most people will suffer desperation.
Yes income disparity has grown to 46% for the 1% and 3% for the bottom 50%. A couple decades ago the rich only had a 10% advantage but now the race to survive a collapse has reached levels that this next tax cut for the oligarchs will not sustain. This doom and gloom is my opinion and can be ignored with or without certain peril.