• ubergeek@lemmy.today
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    24 hours ago

    A country, itself, cannot go “bankrupt”.

    You wanna know how we can settle debts, for pennies on the dollar, today, right now?

    Mint a 10 gajillion USD coin. Now, pay all debts. Now, destroy 10 gajillion USD coin.

    See? Impossible to go bankrupt, if you’re the buyer, generator, and seller of something, and there’s always a willing buyer.