| Trump hinting that "selective default" is an option 20:00 - Feb 16 with 9584 views | StokieBlue |
This is quite a huge thing if he's serious but in reality who knows if he's serious. Essentially Musk and thus Trump are saying that they don't feel they have to pay back some of the debt the US has issued.
That would be huge and probably not good for the US over the longer term.
https://www.theguardian.com/business/2025/feb/16/forget-trumps-tariffs-the-presi
SB |  | | |  |
| Trump hinting that "selective default" is an option on 20:16 - Feb 16 with 4704 views | BanksterDebtSlave |
Here's hoping! |  |
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| Trump hinting that "selective default" is an option on 20:21 - Feb 16 with 4685 views | WeWereZombies |
Interesting, thanks for posting. I have kept track of a few currencies over the last few years but the Swiss Franc has not been one of them. Might be time to do so. |  |
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| Trump hinting that "selective default" is an option on 20:49 - Feb 16 with 4559 views | itfc_bucks |
Interesting that the article describes the US government as being driven by "American exceptionalism", when "British exceptionalism" has been the policy of the UK govt since 2016... |  | | |
| Trump hinting that "selective default" is an option on 21:36 - Feb 16 with 4417 views | SuperKieranMcKenna |
I’m sure it has nothing to do with China being one of their largest individual holders of US debt.
The first thing that would stop fully functioning would be Public Services so him and Musk would be happy. It would be catastrophic for US financial services firms doing cross border trade. Absolute suicide, exactly why the corporate world flipped to backing the Dems. | | | |
| Trump hinting that "selective default" is an option on 21:39 - Feb 16 with 4397 views | Oldsmoker |
This Trump Era has floated the idea that NATO is dead, BRICS is dead, NAFTA is dead, USAID is dead, Paris Climate Accord is dead and so on......
The World has got the hint - The USA under Trump can't be trusted.
Does the World wait 4 years and hope the USA resets or realise that there is a new World order.
That new World order does not have the USA as no 1. |  |
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| Trump hinting that "selective default" is an option on 21:40 - Feb 16 with 4388 views | BanksterDebtSlave |
| Trump hinting that "selective default" is an option on 21:36 - Feb 16 by SuperKieranMcKenna |
I’m sure it has nothing to do with China being one of their largest individual holders of US debt.
The first thing that would stop fully functioning would be Public Services so him and Musk would be happy. It would be catastrophic for US financial services firms doing cross border trade. Absolute suicide, exactly why the corporate world flipped to backing the Dems. |
Would it hit your portfolio too? | |
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| Trump hinting that "selective default" is an option on 21:49 - Feb 16 with 4309 views | J2BLUE |
He's completely insane. Four years to do anything he wants. The Democrats need to be uniting behind a candidate now to give themselves a chance in the next election. |  |
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| Trump hinting that "selective default" is an option on 21:52 - Feb 16 with 4273 views | Oldsmoker |
The Trump administration has shown that there are few adults in the room.
The best of the best that Trump promised in the 2017 cabinet are not there.
The ghouls that are in the 2025 cabinet are driven by dubious aims.
The aim is to destroy the norms - it's almost anarchy.
Europe should dismiss the US as serious and do its own thing.
The USA is about to eat itself.
Buy Popcorn shares. | |
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| Trump hinting that "selective default" is an option on 21:52 - Feb 16 with 4271 views | BanksterDebtSlave |
| Trump hinting that "selective default" is an option on 21:49 - Feb 16 by J2BLUE |
He's completely insane. Four years to do anything he wants. The Democrats need to be uniting behind a candidate now to give themselves a chance in the next election. |
Next election! Are you sure? | |
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| Trump hinting that "selective default" is an option on 21:54 - Feb 16 with 4246 views | Swansea_Blue |
| Trump hinting that "selective default" is an option on 20:16 - Feb 16 by BanksterDebtSlave |
Here's hoping! |
Probably not something to aspire to if it could trigger another global financial crisis. The last one hit our young people and less advantaged people the hardest and we saw a big increase in excess deaths from suicide to over 1,000. That doesn’t sound like anything we want to repeat, even if the current system is overall unhealthy to the majority. |  |
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| Trump hinting that "selective default" is an option on 21:58 - Feb 16 with 4198 views | J2BLUE |
| Trump hinting that "selective default" is an option on 21:54 - Feb 16 by Swansea_Blue |
Probably not something to aspire to if it could trigger another global financial crisis. The last one hit our young people and less advantaged people the hardest and we saw a big increase in excess deaths from suicide to over 1,000. That doesn’t sound like anything we want to repeat, even if the current system is overall unhealthy to the majority. |
Not to mention the absolute chaos that would be triggered in the $1 quadrillion dollar derivatives market.
I sympathise with Bankster though. When people feel like there's nothing to lose why not wish for something which would change the game? | |
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| Trump hinting that "selective default" is an option on 22:20 - Feb 16 with 4045 views | Oldsmoker |
| Trump hinting that "selective default" is an option on 21:52 - Feb 16 by BanksterDebtSlave |
Next election! Are you sure? |
There will be no election.
Democracy as we know it is dead in the US.
The Republicans are so close to capturing enough Swing States to stay in power. They will Gerrymander these states to change them to forever Red.
Wisconsin Senate: Republican 54-45 and House 58-52.
Michigan Senate : Dems 20-18 House: Rep 58-12
Minnesota Senate : Dems 34-33 House: Rep 67-66 | |
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| Trump hinting that "selective default" is an option on 22:22 - Feb 16 with 4002 views | BanksterDebtSlave |
| Trump hinting that "selective default" is an option on 21:54 - Feb 16 by Swansea_Blue |
Probably not something to aspire to if it could trigger another global financial crisis. The last one hit our young people and less advantaged people the hardest and we saw a big increase in excess deaths from suicide to over 1,000. That doesn’t sound like anything we want to repeat, even if the current system is overall unhealthy to the majority. |
It's only a slightly tongue in cheek comment . I mean who might possibly think that a somewhat less debt fuelled evolution wouldn't have been more sustainable and not built on foundations of sand? Just because we've all been encouraged to buy in to the madness doesn't make it any less insane. | |
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| Trump hinting that "selective default" is an option on 22:24 - Feb 16 with 3988 views | WeWereZombies |
| Trump hinting that "selective default" is an option on 22:20 - Feb 16 by Oldsmoker |
There will be no election.
Democracy as we know it is dead in the US.
The Republicans are so close to capturing enough Swing States to stay in power. They will Gerrymander these states to change them to forever Red.
Wisconsin Senate: Republican 54-45 and House 58-52.
Michigan Senate : Dems 20-18 House: Rep 58-12
Minnesota Senate : Dems 34-33 House: Rep 67-66 |
So are you saying that there will be elections but the Democrats have no hope of winning overall in either house, or the presidency ? | |
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| Trump hinting that "selective default" is an option on 22:44 - Feb 16 with 3880 views | Guthrum |
| Trump hinting that "selective default" is an option on 22:24 - Feb 16 by WeWereZombies |
So are you saying that there will be elections but the Democrats have no hope of winning overall in either house, or the presidency ? |
Trump only has to declare that the Democrats are a threat to national security and void the election. The Supreme Court is loaded with conservatives, they're not going to stand in his way. All norms are out of the window for now.
The best hope is that he will get too bored/old to run for another term. |  |
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| Trump hinting that "selective default" is an option on 22:50 - Feb 16 with 3845 views | redrickstuhaart |
| Trump hinting that "selective default" is an option on 22:44 - Feb 16 by Guthrum |
Trump only has to declare that the Democrats are a threat to national security and void the election. The Supreme Court is loaded with conservatives, they're not going to stand in his way. All norms are out of the window for now.
The best hope is that he will get too bored/old to run for another term. |
Musk will take over at that point. | | | |
| Trump hinting that "selective default" is an option on 22:50 - Feb 16 with 3845 views | Lord_Lucan |
| Trump hinting that "selective default" is an option on 22:44 - Feb 16 by Guthrum |
Trump only has to declare that the Democrats are a threat to national security and void the election. The Supreme Court is loaded with conservatives, they're not going to stand in his way. All norms are out of the window for now.
The best hope is that he will get too bored/old to run for another term. |
He's got to be neutralised, surely. |  |
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| Trump hinting that "selective default" is an option on 23:02 - Feb 16 with 3795 views | vapour_trail |
| Trump hinting that "selective default" is an option on 22:50 - Feb 16 by redrickstuhaart |
Musk will take over at that point. |
Think the US constitution doesn’t allow for foreign born to take that office. |  |
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| Trump hinting that "selective default" is an option on 23:09 - Feb 16 with 3768 views | mutters |
| Trump hinting that "selective default" is an option on 22:50 - Feb 16 by redrickstuhaart |
Musk will take over at that point. |
Musk is Sooth African |  |
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| Trump hinting that "selective default" is an option on 23:11 - Feb 16 with 3762 views | WeWereZombies |
| Trump hinting that "selective default" is an option on 22:44 - Feb 16 by Guthrum |
Trump only has to declare that the Democrats are a threat to national security and void the election. The Supreme Court is loaded with conservatives, they're not going to stand in his way. All norms are out of the window for now.
The best hope is that he will get too bored/old to run for another term. |
I think that would bring the danger (to the United States) / advantage (to other nations) of many of their most qualified and genuinely entrepreneurial people leaving for greener pastures. The full extent of the tailspin has yet to be seen. | |
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| Trump hinting that "selective default" is an option on 23:51 - Feb 16 with 3661 views | positivity |
| Trump hinting that "selective default" is an option on 23:02 - Feb 16 by vapour_trail |
Think the US constitution doesn’t allow for foreign born to take that office. |
wouldn't put it past trump to change the constitution, already stated that he wants to change the 14th amendment.
however, not sure musk would be interested, why become president when you have a puppet in charge to take the flak? | |
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| Trump hinting that "selective default" is an option on 23:52 - Feb 16 with 3657 views | Oldsmoker |
| Trump hinting that "selective default" is an option on 22:24 - Feb 16 by WeWereZombies |
So are you saying that there will be elections but the Democrats have no hope of winning overall in either house, or the presidency ? |
Yes | |
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| Trump hinting that "selective default" is an option on 23:58 - Feb 16 with 3617 views | lowhouseblue |
| Trump hinting that "selective default" is an option on 21:49 - Feb 16 by J2BLUE |
He's completely insane. Four years to do anything he wants. The Democrats need to be uniting behind a candidate now to give themselves a chance in the next election. |
mid-terms must be the focus. he loses control of the the senate and the house and the final two years look better. |  |
| And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show |
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| Trump hinting that "selective default" is an option on 00:22 - Feb 17 with 3546 views | vinceg |
| Trump hinting that "selective default" is an option on 22:44 - Feb 16 by Guthrum |
Trump only has to declare that the Democrats are a threat to national security and void the election. The Supreme Court is loaded with conservatives, they're not going to stand in his way. All norms are out of the window for now.
The best hope is that he will get too bored/old to run for another term. |
You can only serve 2 terms as President, whether consecutive or non-consecutive.
The only loopholes whereby he could become president again would be:
1. Vance gets elected President, appoints Trump as his Vice and then becomes unable to undertake his duties as President, meaning Trump becomes Acting President until Vance is fit enough to resume
2. Bin the 22nd amendment that restricts people to 2 terms |  | | |
| Trump hinting that "selective default" is an option on 06:22 - Feb 17 with 3263 views | iamatractorboy |
| Trump hinting that "selective default" is an option on 00:22 - Feb 17 by vinceg |
You can only serve 2 terms as President, whether consecutive or non-consecutive.
The only loopholes whereby he could become president again would be:
1. Vance gets elected President, appoints Trump as his Vice and then becomes unable to undertake his duties as President, meaning Trump becomes Acting President until Vance is fit enough to resume
2. Bin the 22nd amendment that restricts people to 2 terms |
That wouldn't work either since you can't become VP if you're not eligible to be Pres. But then I don't see them following 'the rules' regardless. So why bother with the VP switcheroo when you're just going to cheat anyway. | | | |
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