[cherry]

how are they going to find out?...what will happen to them?...I predict nothing....

what has to happen to the whole world is massive inflation.....I don't see how else the world's debt gets paid....

[AnotherUnixGeek]

how are they going to find out?...what will happen to them?...I predict nothing....

What will happen to them is that their credit ratings will be slashed, their ability to continue mindlessly borrowing will dry up and the welfare states they've built on unsustainable debt will collapse.

[St_Thomas_Aquinas]

——what has to happen to the whole world is massive inflation.....I don’t see how else the world’s debt gets paid....——

Or default, which is also painful. I prefer default, because it would eliminate future entitlement (enslavement) spending, rather than steal from the accumulated wealth of the productive.

Inflation won’t affect the sponging community.