• whaleross@lemmy.world
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    5 days ago

    America as a nation would plummet in international relations, politics, trust, banking, markets and consequently in business, trade and economic value like nothing you have seen before. Everything from America would be dirt cheap globally because nobody would want it. Everything inside America would be catastrophically more expensive because the American dollar can no longer buy shit. Germany and everybody else would want their gold or corresponding amount of money but America would be so much in the red by now that even the one percent would experience the ramifications.