You can call "we don't pay you any interest anymore and if you want your money back, ask again in 100 years" whatever you like. #MarAlLagoAccord if you want to.
But you can be damn sure about one thing: your foreign #creditors will call it "#default on sovereign #debt".
2008 really was a walk in the park on a sunny day
#Trump #Musk #USA
https://www.forbes.com/sites/eriksherman/2025/02/23/why-trumps-mar-a-lago-accord-would-financially-matter-to-you/
😵💫
But you can be damn sure about one thing: your foreign #creditors will call it "#default on sovereign #debt".
2008 really was a walk in the park on a sunny day
#Trump #Musk #USA
https://www.forbes.com/sites/eriksherman/2025/02/23/why-trumps-mar-a-lago-accord-would-financially-matter-to-you/
😵💫
Why Trump’s ‘Mar-A-Lago Accord’ Would Financially Matter To You
Threatening a shake-up in how the U.S. treats its debts could undermine a lot, including your investments, and it doesn’t have to actually happen to cause damage.Forbes