Do you pay federal taxes? (Yes) Do you get federal service? (No) Does your government gets federal grant money to fund projects and services? (No) Do you rely on social security payments? (No) Maybe your parents does. (No) What about medicaid and medicare? (No)

My concern level is quite low.

U.S. Treasury bills underpin the financial systems of the world, but most especially that of the United States. This is an ELE for the US.

What exactly is the concern here? Someone is going to rm -rf / on some magical server holding all the t-bills in the world?

This is not a thing that will happen.

You trust these incompetent clowns way more than I do, apparently.

/me points to the "Four Seasons" Press Conference

/me points to Tesla

/me points to X

/me points to any of Trump's business ventures

/me points to Trump's "billionaire" status

I don't trust anyone, least of all an elected official. Was my actual point not clear to you, and this is why you moved the goalposts of the conversation?

Why do you think treasuries are at risk of not being paid?

How about money in the financial system. What would happen if someone makes a mistake, and something causes bond payments to fail?

It is an outside risk, but based on the reporting it seems like they are digging into code of large complex financial systems...

How much do you trust 1 guy to not make _any_ mistakes.

Maybe this is wrong and they are only looking at read only access of the payment system, but it seems sketchy that this is even a risk.

Did they stop social security, Medicare, or Medicare?

What will happen when I pay federal taxes?

Medicaid was disrupted last week. https://www.nytimes.com/2025/01/28/us/politics/medicaid-free...

This is an article about a temporary web server outage.

What a funny coinkydink for it to go down at the exact same time they ordered a "stop all the payments!" directive!

I think economic and social life in the United States will continue.

Economic and social life existed during the Great Depression, but that needn't make it a goal.

Well this just confirms this is hyperbole. Auditing and cutting federal agencies is not going to cause a Great Depression

Where'd you get your economics degree from?

Is that what the economic community is saying will happen?

Would you listen to me if you found out I had one?