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To: NorseViking

With a collapsing banking system and default on debt, it does not matter about buying imported goods. As industries produce less they need fewer employees, which means more people are out of work and not buying anything from anywhere.

Hence the falling statistics. Even the Russian government you love so much, has said the way of life for the past 20 years is over and not going to go back for another 40 years.

MikeyD in Russia: the people who took the chain over now serve rotten meat.

Your comment about central bank in default: That’s not how it works with central bank defaults - take econ 101-102.


64 posted on 07/16/2022 3:15:36 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: PIF

You have just retold the propaganda narratives you’re fed through your media.
The same people are running McD and selling the same product, default only exists in the imagination, the industries are going to increase through import substitution.


65 posted on 07/16/2022 3:48:14 AM PDT by NorseViking
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