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Instead of default the bad debt and a recession, what alternative is there? Prop it up a little longer? Default on everything, go to CBDC, and issue everyone mo
by landemva 3y ago
Instead of default the bad debt and a recession, what alternative is there? Prop it up a little longer? Default on everything, go to CBDC, and issue everyone monthly CBDC tokens to buy food?
- rightbyte 3y agoI guess you could forgive the loans people took for houses that were not built and let the bond holders share the hit.
- IG_Semmelweiss 3y agoI think some of the bondholders are banks. The others are ccp cadre. That will trigger a run.