• FiveMacs@lemmy.ca
    link
    fedilink
    arrow-up
    98
    arrow-down
    4
    ·
    5 days ago

    I propose they cancel all debts for Ukraine, Canada and Mexico, as well as all student debt and healthcare debts. Call it the have fun trump act or some crap

    • PugJesus@lemmy.world
      link
      fedilink
      English
      arrow-up
      36
      arrow-down
      1
      ·
      edit-2
      5 days ago

      Let’s cancel all our EU debts while we’re at it. And of any of our allies in Latin America. And Asia. And Africa. Hell, just keep the debts held by our enemies and rivals.

      Normally I would be against such reckless policy, but fuck it, we have reckless policy incoming, we might as well get something good in along with the shit we’re about to get shoveled into our mouths.

        • PugJesus@lemmy.world
          link
          fedilink
          English
          arrow-up
          18
          ·
          4 days ago

          It would make a lot of legislators considering their budgets for the coming year very happy, I would presume. Probably also a bunch of unintended side effects, possible weakening of the dollar, diplomatic uproar from states we didn’t forgive the debts of, worsening situation of our own budget, etc.

    • Che Banana@beehaw.org
      link
      fedilink
      arrow-up
      17
      ·
      5 days ago

      Right? The conservatives always saddle the liberals with crippling economies and debt, so why not?

    • MrMakabar@slrpnk.net
      link
      fedilink
      English
      arrow-up
      7
      ·
      4 days ago

      The debt Biden canceled was own to the US government. So this would have been good for Ukrainian bonds, as it makes them more likely to be paid back.