[ExI] Repudiating the national debt
danust2012 at gmail.com
Tue May 17 19:00:24 UTC 2016
On Tue, May 17, 2016 at 6:25 AM, Anders Sandberg <anders at aleph.se> wrote:
> 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.
If it were likely that part US Navy's fleet might be impounded in foreign
ports, I'm still trying to figure out why this would be a bad outcome.
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