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.
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.
UN in Montreal would be banger. As a bonus, France would be forced to take québécois seriously
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.
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.
Money isn’t real. It is hand-wavy, because it’s just an idea.
I especially feel that once people start trying to explain why this only works with a coin and would not work with a note.
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.
Thinking about it. I wouldn’t mind the UN HQ being in Gaza. Sort of a reminder of what the world has allowed to happen again.
And yes, station a military force there to arrest a fuckload worth of what would be former IDF soldiers and settlers.
This i can get behind!
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.
Stop giving them ideas