this post was submitted on 11 Mar 2025
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[–] ubergeek@lemmy.today 1 points 3 days ago

A country, itself, cannot go "bankrupt".

You wanna know how we can settle debts, for pennies on the dollar, today, right now?

Mint a 10 gajillion USD coin. Now, pay all debts. Now, destroy 10 gajillion USD coin.

See? Impossible to go bankrupt, if you're the buyer, generator, and seller of something, and there's always a willing buyer.