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Saying that the countries do not die, as the referenced article suggests is not right: states do disappear every once in a while. Yes, their lifespan is usually
by AlexTWithBeard 7y ago
Saying that the countries do not die, as the referenced article suggests is not right: states do disappear every once in a while. Yes, their lifespan is usually longer than for humans a but it's not infinite.
But even looking at mortal humans: in 2008 many of them have realized that no, it's not possible to keep borrowing indefinitely. Some day the creditors may ask for their money back.
Some people suggest we'll just print the money we need. The problem is that now I can take this money and buy half of your country before you realize what's going on.