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  1. Embed this notice
    Dan Wentzel 🏳️‍🌈 (danwentzel@urbanists.social)'s status on Tuesday, 24-Mar-2026 17:01:07 JST Dan Wentzel 🏳️‍🌈 Dan Wentzel 🏳️‍🌈

    The same con artist who managed to bankrupt a casino where "the house always wins" just bankrupted the United States of America.

    Everything Trump Touches Dies (ETTD) including empires, economies, and countries.

    https://fortune.com/2026/03/23/us-government-insolvent-fiscal-crisis-fix/

    In conversation about 5 months ago from urbanists.social permalink
    • Steve's Place repeated this.
    • Embed this notice
      Steven Zekowski (steve_zeke@freeradical.zone)'s status on Thursday, 02-Apr-2026 08:08:22 JST Steven Zekowski Steven Zekowski
      in reply to

      @danwentzel
      Sorry. As much as I hate Trump & like your ETTD acronym, debt fear mongering like this is bull💩. USA can’t become insolvent in its own money. Fed gov creates $$ when it spends them into existence. We don’t need to borrow/tax to acquire dollars. See #MMT, eg Stephanie Kelton’s “The Deficit Myth” or https://findingmoneyfilm.com/

      Nonsense like this prevents us from housing, feeding, educating, & providing healthcare with pointless “how are we gonna pay for it?” question.

      In conversation about 4 months ago permalink

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