Deifict hawking in the US in 2024? Sounds great for global capitalism. US is THE consooming engine.

Atleast Argentina is a smaller country. Atleast Russia was disconnected from rest of the capitalist world pre 1990s.

And it’s by no means “radical”. Bill Clinton the neoliberal establishment guy ran budget surpluses in the 1990s, sucked money away from the (mainly poor) people and increased household debt.

  • xiaohongshu [none/use name]@hexbear.net
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    17 days ago

    Honestly if Trump follows Elon Musk’s genius 2 trillion cuts it’s going to seriously fuck with the US ability to do imperialism for the coming decades.

    The last two years of Biden was a huge gamble for the imperialist state and basically praying that the Global South doesn’t end up ditching the dollar (it worked because no alternative has been found yet).

    Now the US needs to flood the Global South with the dollars again to retain its hegemony, and Trump cutting 2 trillion (which is a lot!) is going to destroy the monetary supremacy of US imperialism abroad.

    I’m starting to think that they won’t allow Trump to win this time because you don’t want to screw with the imperialist machine.

    • GeorgeZBush [he/him]@hexbear.net
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      17 days ago

      I’m starting to think that they won’t allow Trump to win this time because you don’t want to screw with the imperialist machine.

      Which would unironically probably cause a civil war