[ExI] Tap tap….Hello? Is this thing on? (Or Zombie Apocalypse!)

BillK pharos at gmail.com
Tue Oct 1 11:27:35 UTC 2013


On Tue, Oct 1, 2013 at 12:09 PM, Eugen Leitl wrote:
> The US is bankrupt. (Most countries are in fact bankrupt).
> Provoking the sovereign default now would be perhaps smarter than
> having it happen latter, out of your control. Of course this will
> crash the world economy, but that's also going to happen, anyway.
>

Only the time of the default would be under their control. Thereafter
chaos ensues.
So perhaps they would like a few more years to stockpile and prepare
before defaulting.
Might as well keep the printing presses running while the good times roll.
(Good times for the top 1% only, but that's what matters).

BillK



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