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The word bankrupt loses precise meaning when applied to countries that can print their own currency, as Iran can. It just means something like "collapse with hy
by mike_hearn 5mo ago
The word bankrupt loses precise meaning when applied to countries that can print their own currency, as Iran can. It just means something like "collapse with hyperinflation". Iran is in a state of collapse and experiencing hyperinflation. That's what bankruptcy looks like for a country.