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Rajan Paswan

Honorary Mentions - ... • 10m

What If the USA Filed for Bankruptcy Today? If the United States declared bankruptcy today, the immediate effect would be catastrophic. The value of the U.S. dollar would plummet, triggering a global financial crisis. Banks worldwide would face insolvency due to their exposure to U.S. debt, leading to a freeze in credit markets and a halt in business operations. Domestically, the U.S. government would shut down, stopping essential services like healthcare and defense. This would lead to widespread unemployment and social unrest. Globally, a U.S. bankruptcy would spark a severe recession, disrupting international trade and reducing U.S. influence in global affairs. In the long term, the U.S. would face a prolonged economic depression, high unemployment, and eroded trust in its financial management. This would reshape global economic and political dynamics for years to come. Share you thoughts on what you think will happen is something like that really happens!?

3 replies5 likes

Replies (3)

Havish Gupta

Figuring Out • 10m

The question is which currency would the world adopt then. That may be Bitcoin

1 replies

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ROSTOZON

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Yash Barnwal

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🌍 The staggering scale of food waste is a global challenge. China, India, and the U.S. are the top contributors, with household food waste in China alone surpassing 108 million tonnes annually.

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Mukesh Ambani's Reliance to develop a global economic hub in Navi Mumbai on 3,750 acres of land.

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🌍 Unemployment Rates by Country 2024 🌍 Key Insights: 1️⃣ Lowest Unemployment: Japan (2.5%) and Mexico (2.8%). 2️⃣ Global Giants: USA (4.1%), China (5.1%), India (7.8%). 3️⃣ Europe: Germany (3.29%), UK (4.15%), France (7.36%), Spain (12.29%). 4

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Sairaj Kadam

Entrepreneur |Founde... • 4m

The Truth of the Rupee’s All-Time Low & Actionable Insights (5 Minute Read) The Indian Rupee (INR) recently fell to an all-time low of 84.1950 against the U.S. Dollar (USD). This decline follows a stronger USD, driven by early U.S. presidential ele

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Altamash Zia

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US President-elect Donald Trump has reiterated his plan to implement reciprocal tariffs on countries that impose high duties on American goods, specifically mentioning India and Brazil. At a press conference in Mar-a-Lago, Trump highlighted the dispa