Futurology

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Key financial backers of Trump, incl. Elon Musk and Peter Thiel, have advocated for a U.S. debt default and the dismantling of the American financial system. Are they now pushing these plans forward? (self.futurology)

submitted 2 months ago by Lugh to c/futurology

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A 2024 article talks about their strategy: they believe in a radical 'rebirth' of the U.S. through a major financial crisis—one that would force a debt default, eliminate the Federal Reserve, and replace the system with a libertarian model centered on cryptocurrency.

These ideas may have sounded like conspiracy theories in the past, but in 2025, they seem more plausible. The current administration thrives on chaos as a distraction, yet its policies increasingly align with this vision of engineered collapse. Is this what’s actually happening?

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[–] thefluffiest@feddit.nl 3 points 2 months ago

Why Linus? At least I’d trust Linus, but not Oligarchs & co.