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Again, this comes down to how you define ”pay the debt“. To me, if you pay back your debt, you are dept-free. Re-financing (at the same interest rate) is debt-n
by Hendrikto 5y ago
Again, this comes down to how you define ”pay the debt“. To me, if you pay back your debt, you are dept-free. Re-financing (at the same interest rate) is debt-neutral, if you follow this logic.
- unmole 5y ago> To me, if you pay back your debt, you are dept-free. Graber's point is primarily about foreign holders of US debt and how this is the American empire extracting tribute from its vassals. Whether America is debt-free or not really relevant.
- Lammy 5y agoCapital itself is global and claims no Nation, so why should you and I?