[ExI] Repudiating the national debt
anders at aleph.se
Tue May 17 13:25:37 UTC 2016
Big countries have repudiated their debts before. Argentina is perhaps
the best known example, and the aftermath is a pretty good indicator of
why it is a bad idea. When part of your navy gets impounded when
visiting foreign ports you are in trouble.
(OK, ARA Libertad was more for show and training than a military vessel,
On 2016-05-17 14:13, Dave Sill wrote:
> On Mon, May 16, 2016 at 5:05 PM, John Clark <johnkclark at gmail.com
> <mailto:johnkclark at gmail.com>> wrote:
> Yes, suddenly making 20 thousand billion dollars worth of debt
> that had been considered the safest in the world worthless is
> No, nothing is unthinkable.
> extropy-chat mailing list
> extropy-chat at lists.extropy.org
Future of Humanity Institute
Oxford Martin School
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