News for hackers. Stuff that matters.

A comment on What a $1M Retirement Looks Like in America. Parent comment

Re:What a $1M Retirement Looks Like in America by PaulDavisThe1st on Tuesday December 27, 2022 @03:38PM (#34153473)
If the US's debtors wish to have their debts converted into a 2nd rate (i.e. non-reserve) currency, then by all means, let's see it happen. It will be easier to pay off the debt if that happens (just harder to accumulate more).
[ Parent | on HN ]
Re:What a $1M Retirement Looks Like in America by dragonwriter on Tuesday December 27, 2022 @03:40PM (#34153499)
> If the US's debtors

I think you mean creditors. Debtors is the opposite.

[ Parent | on HN ]
Re:What a $1M Retirement Looks Like in America by sokoloff on Wednesday December 28, 2022 @07:37AM (#34160393)
The way I read it, debtor makes more sense to their point.
[ Parent | on HN ]
Re:What a $1M Retirement Looks Like in America by elzbardico on Wednesday December 28, 2022 @09:25AM (#34161245)
They don't need to sell their bonds in US Dollars. Just buying less is enough to play havoc with the American economy, given the gargantuan trade deficit it runs every year.
[ Parent | on HN ]