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Its simply if you think about it, because a country can just decide not to pay back the debt. Just as they can just print money. So a country like the US can si
by panick21_ 3y ago
Its simply if you think about it, because a country can just decide not to pay back the debt. Just as they can just print money. So a country like the US can simply build up a huge amount of debt, that it could pay back in theory, and then simply decide not to do it because its easier.
Both are a way to fuck over the people you owe money to.