this post was submitted on 30 Dec 2025

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No Stupid Questions

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Where does the revenue gathered from taxes go and what is national debt? (lemmy.world)

submitted 7 months ago by AfterNova@lemmy.world to c/nostupidquestions@lemmy.world

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[–] SleeplessCityLights@programming.dev 2 points 7 months ago (1 child)

I do forsee the US not being able pay debt in 10+ years and nobody will lend them anymore money.

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[–] IronBird@lemmy.world 3 points 7 months ago (1 child)

that's the fun part of centering your country as lodestone of international finance/trade, entire western world is basically held hostage by USD (also, their rich people love the US's unregulated markets and under-educated population as easy exit liquidity)

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[–] prole@lemmy.blahaj.zone 1 point 7 months ago (1 child)

Until everyone switches to the Euro as the world's reserve currency because USD has become too volatile

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[–] anon_8675309@lemmy.world 2 points 7 months ago

Which is what Trump/Putin want.

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