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Big problems and we cant ignore it. but the biggest problem is not admit that this country is bankrupt. if you dont admit the true problem you will have the bickering back and forth and will not come up with the answer. when country the size of ours gets to bankruptcy the debt gets default on . adam myth would argue this case . only two ways to default, one through the deflationary process where the debt is lequidating and the other by debasing the currency. it is easier to debase the currency a...
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Admit that this country is bankrupt. if you dont admit the true problem you will have the bickering back and forth and will not come up with the answer. when country the size of ours gets to bankruptcy the debt gets default on . adam myth would argue this case . only two ways to default, one through the deflationary process where the debt is lequidating and the other by debasing the currency. it is easier to debase the currency and have the debt liquidated in real terps than allow the bankruptci...