Exactly! If the debt is in dollars, all we have to do is drive the value of the dollar down to zero, and then the value of the debt will be zero. Brilliant!taiyuu_otoko said:It's a good thing the debts are all made out of paper.
You can just keep printing more paper, right?
taiyuu_otoko said:It's a good thing the debts are all made out of paper.
You can just keep printing more paper, right?
Not really, when the value of paper currency goes to zero, people will naturally find another means of "money" some kind of commodity money.BraddH said:When the value goes to zero, the world population also goes to zero, hihi.
India and South Korea too, according to your link.Epimanes said:The only one moving backwards and getting out of debt is china. http://www.usdebtclock.org/world-debt-clock.html
Ain't gonna happen. Both are too corrupt. China's about to face a huge ecnomic disaster.Fatal Jay said:China or Russia will soon by the new world power
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Fatal Jay said:China or Russia will soon by the new world power