Hacker News new | ask | show | jobs
by direwolf20 139 days ago
What happens if the US economy collapses and it can't muster the equivalent of 1.5 trillion of today's dollars at any price?
2 comments

We may find out.

But I'm pretty certain that outcome also wouldn't be a net positive for the rest of the world in the short or medium term. Very little of the rest of the world is insulated from the US economy.

I'll get to experience my 4th once-in-a-lifetime wealth transfer from my generation to the ultra-wealthy as a millennial.