Andrew D Ellis
Sep 23, 2024

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Every great empire fails when its creditors no longer believe that the debtor (the USA) will honor their obligations. The US gets away with its increasing debt by owning the world's reserve currency. Right now, the biggest conversation in the world's economic capitals is focused on getting rid of the dollar as the world's reserve currency. When countries no longer need dollars to transact business, the dollar will lose its value, and our interest costs will then sky-rocket -- outstripping all other Federal expenditures. WAKE UP.

Praising Trump's SOP -- print/borrow, print/borrow, print/borrow and then "stiff" your creditors -- is yet another step on the road to national decline. No thanks.

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