European leaders are considering dumping $2.34 trillion in US debt if Trump abandons Ukraine, potentially triggering an economic crisis worse than 2008

  • jordanlund@lemmy.worldM
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    24 hours ago

    Potential for a nightmare scenario:

    1. Trump dumps Ukraine for Russia.

    2. EU dumps $2.34 trillion in US debt

    3. Trump pulls out of NATO.

    4. Russia invades Poland or some other NATO country.

    5. US Dollar is worthless so we couldn’t do anything if we wanted to, and Trump is on Russia’s side anyway.

    • discocactus@lemmy.world
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      20 hours ago

      US and Russia and OPEC (whoever refuses gets liberated) create a true oil and gas cartel, EU capitulates. China can’t compete with US+USSR. This is 100% the strategy in play right now.

      • VoodooAardvark@lemmy.zip
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        15 hours ago

        Script is too old to be effective anymore. China is balls deep in renewables and by the time the final act plays out they’ll be even less dependent on those resources. They also play the generational long game and not a 4-year election cycle. US is in fuck around and find out territory.