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> And yeah if states collapse, the financial system under them will be wiped out. That's not a thing that is foreseeable. Default? Perhaps. Collapse? Plenty of
by asdfasgasdgasdg 8y ago
> And yeah if states collapse, the financial system under them will be wiped out.
That's not a thing that is foreseeable. Default? Perhaps. Collapse? Plenty of states have defaulted and not failed.
- cm2187 8y agoI mean collapses financially (default, hyper-inflation, etc). Then typically the local banking system sinks.