Europe's $24 Trillion Breakup With Visa and Mastercard
europeanbusinessmagazine.com
A 130-million-user payment system backed by 16 major banks just launched to challenge Visa/mastercard
  • technocrit@lemmy.dbzer0.comEnglish
    2·
    7 hours ago

    They will max out borrowing, then print money to pay off the debt and de facto default.

    I think you wanted to use past tense here.

    • hector@lemmy.todayEnglish
      2·
      7 hours ago

      Oh they will squeeze tens of trillions more out of the federal government before it fails. Every excuse they will borrow.