What Will Happen to GAFAM After the US Defaults Rather Than Bails Out the Market?
Or tries to topple every government that doesn't play by its rules?
The Cheeto one bailed out Microsoft. It doesn't matter which party is in power.
The US debt (national debt) increased by 2.3 trillion dollars in the past 6 months alone, based on the latest figures (December, based on official sources). At this rate, we're looking at almost 5 trillion dollars a year (in borrowings). Counting private debt as well, the US debt now exceeds 106 trillion dollars.
A lot of US GDP is fake (like Ponzi schemes pretending they have a "value" of 5 trillion dollars, based on fake 'sales' and fake 'demand') and either way, the numbers don't add up to cover liabilities:
No matter whose numbers are followed or upheld as 'ground truth' (it's more like a regiion, not truth), the "official" GDP of the US is a lot smaller than its national debt. So what will the US do? Steal other countries' GDP (and oil)?
If so, who stands to pocket the loot?
Who will bail out GAFAM when the bubble pops? Google quietly removes chatbot stuff because they've become a legal liability (people die) and usage of chatbot is reportedly down in spite of GAFAM sticking prompts anywhere conceivable. █
Citing these Forbes reports [1, 2] about imperialism, pillage, and plunder.
Image source: Fore-edge for a copy of The Speeches of the Right Honorable William Pitt