from HowRu68@lemmy.world to world@lemmy.world on 10 Feb 21:31
https://lemmy.world/post/42977675
UNITED NATIONS (AP) — The United Nations said Monday it’s waiting to find out how much of the nearly $4 billion the United States owes the world organization the Trump administration intends to pay and when the money will arrive.
The U.S. Mission to the United Nations confirmed that U.S. Ambassador Mike Waltz said the Trump administration planned to make a significant down payment on its arrears in a matter of weeks, with the final amount still to be determined. His comments were first reported by Reuters.
U.N. Secretary-General Antonio Guterres warned last week that the world body faces “imminent financial collapse” unless its financial rules are overhauled or all 193 member nations pay their dues, a message clearly directed at the United States.
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At this point, I wouldn’t put it past Trump to print a 1 ounce silver coin with his face on both sides denominated at $4 billion and send it to the UN to claim the debt is settled.
Deposit it as legal tender in a bank and the UN is good to go again. The 4 billion should help pay to move UN headquarters out of a fascist shithole country. I recommend either Montreal, Dublin or Lisbon.
Maybe? I know the rules around specie are kinda wonky, and I definitely know that it’s been seriously proposed as a way to nominally pay off the debt without impacting the currency. I am definitely open to a “you’re misunderstanding the economics here” explanation though, because it’s always felt a bit hand-wavy to me.
Money isn’t real. It is hand-wavy, because it’s just an idea.
Depositing a $2 trillion dollar coin to reduce the nominal debt would itself have relatively little impact on the.value of the dollar, since it’s just in the essentially fake books of the US national government. Dollars, after all, are just coupons for “I am worth $1 towards any US government debt or court judgement.”
Depositing a $2 billion coin with the UN, in contrast, would have exactly the same inflationary pressure as giving 200,000,000 Americans 2000 $1 coins.
I vote for Bern.
Jerusalem.
It can be where the UN standing army will be based.
Right. Because that changes what, exactly? Israel’s influence on the US government is one of, if not the, primary cause of the current corruption.
Your idea smells like Zionist bullshit.
Stop giving them ideas
If trump creates a new fiat currency token and says the US backs it, couldnt the UN can put that token in the bank and their balance would read 4 billion, right?
Thats such a classic Trump FAFO move, I wouldnt be surprised if he tried it. They cant even do corruption correctly.
I’m sure he will pay it any day now
Going to be waiting a long time for that shithole to pay its debts.
A Trump never pays thier bills.
Knowing Trump he will try to file bankruptcy
Inb4 Trump places tariffs on and sues the UN
Congress could pass a bill to send payment directly, bypassing the president, if they republicans really wanted to. Assuming the Dems would support it, I suppose. You never know with them.
Actually, I suppose Israel wouldnt support it because they hate the UN, so the Dems wouldnt support it. When you come down to it, Israel controls this situation. The US funds 30% of the UN’s budget and the US congress works for Israel.
Why would Israel hate the UN when they control veto power?
Isn’t destroying the UN one of the states goals of Project 2025? Yeah, this debt ain’t being paid.