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Samson Soturian
The Plain Bagel
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Comments by "Samson Soturian" (@samsonsoturian6013) on "What Happens When a Country Defaults on Its Debt?" video.
You mind lending me that crystal ball when yer done?
3
Could do that, but currently there's nowhere they want to expand that's not a willing partner already.
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The treaty promising not use military force to collect debt comes from the Weimar Republic when Germany defaulted on its debt to France and France (who still didn't feel like they won WWI) seized the Rhineland. Germany still couldn't pay because contrary to populalar belief in Paris, they was broke.
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Yeah. We're also a growing economy and the Fed manages our debt load, not politicians.
1
@fl3669 And the biggest stash of gold in human history
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If the currency goes worthless it's the same thing
1
Found the Greek tax evader
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You're no different
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Found the shoplifter
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You boron
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Define new government. France counts every administration as a government. And no one knows. For instance, Communist China claims to own everything formally belonging to the Republic of China except its debt. However, the Russian Federation accepted ownership of all debts of the USSR
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You have no idea what you're talking about. Russia defaulted with the rise of Communist because screw capitalism and they defaulted after the fall of Communism because perestroika. No one in Russia denies this
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It's a symptom, not a cause, of America's empire. If you're tied up in the global economy then there's a list of reasons to borrow or lend in dollars. Bonds cannot be recalled early, those are interbank loans.
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Shut up
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What?
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How many accounts you got?
1