Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: marcusmaximus

Default is a good thing for the entity with the debt—not so good for those who hold the debt.

This lesson will become super obvious in less than a week.


4 posted on 03/12/2022 6:52:27 AM PST by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: cgbg

If I were Russia, I would say FU and give the middle finger to the Western Banks who own the debt.


7 posted on 03/12/2022 7:03:55 AM PST by srmanuel (`)
[ Post Reply | Private Reply | To 4 | View Replies ]

To: cgbg
...not so good for those who hold the debt.


9 posted on 03/12/2022 7:06:12 AM PST by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
[ Post Reply | Private Reply | To 4 | View Replies ]

To: cgbg
You cancelled the country. Now you want to collect on your paper you issued to the country you cancelled.

Critical thinking is no longer the strong suit of the deep state globalist neocons bent on ruling the world.

12 posted on 03/12/2022 7:24:03 AM PST by AndyJackson
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson