With the national debt at $38 trillion and rising, when does Trump decide that default is an option? [View all]
DOGE didn't make any appreciable dent on the national debt. Nor did firing approximately 300,000 federal workers. Neither seized Venezuelan oil fields nor stolen Greenlandic rare earth metal deposits will generate significant revenue any time in the near future. Somewhere between 1/4 and 1/3 of all U.S. national debt is held by foreign entities. For a man with no scruples, no diplomatic skills and no real business sense - one well acquainted with personal and corporate refusal to pay financial obligations - how could defaulting on somewhere between $10 and $13 trillion of foreign held U.S. debt appear as anything other than a magic elixir to cure what ails the rising U.S. national debt? We've said it before...He would never do that. And, then he attempted an insurrection. He would never do that...And then he invaded a foreign country and claimed to be its new ruler. He would never do that. Yes, he would. With this man, anything is possible.
https://www.forbes.com/sites/dougmelville/2026/01/04/with-the-us-debt-a-staggering-38-trillion-dollars-who-exactly-do-we-owe/
https://www.usdebtclock.org/
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