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When corporations move across state lines to avoid their tax burden, it's good business. When people move to avoid a debt burden, it's deplorable.
by draw_down 10y ago
When corporations move across state lines to avoid their tax burden, it's good business. When people move to avoid a debt burden, it's deplorable.
- damptowel 10y agoLaws don't apply to you if you're wealthy enough. It gets especially fun geopolitically. You can force countries to take out new loans to repay older ones, even when they cannot meet their interest payments, paint them in the media as lazy, ignorant and irresponsible. Why invade a country when you have the IMF?