at 400 million dollars aday how do you finance an aconomy if you repudiate your debts?
If you stiff your creditor for approaching atrillion then who will lend to you? This would precipitate a economic melt down so do we stiff them or do we do what they want when it gets to nut cutting time?
"at 400 million dollars aday how do you finance an aconomy if you repudiate your debts?"
If we repudiate our debts, we won't NEED to finance our economy--the resulting global depression will probably cause a massive collapse and die-off in the Third World, and then we move in and set up new colonies.
"If you stiff your creditor for approaching atrillion then who will lend to you? This would precipitate a economic melt down so do we stiff them or do we do what they want when it gets to nut cutting time?"
In an economic meltdown, we'd lose the luxuries. The ChiComs would lose the ability to eat.