Re: USA scammed the world
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- borrow tons of money from foreigners, issueing bonds
- amount of money is now really big, so tough to repay the debt
-> make dollar lose value rapidly
-> debts to repay are worth nothing if expressed in goods
-> debts worthless
- successfully lived on the cost of others for years
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Wouldn't the simple solution be to just quick lending us anything? That's what we do with scammers in life.
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the countries lending usa money are already too deeply invested. if they d stop they wouldnt get back anything of their already borrowed money. an economic collapse here would have even more disasterous impacts.
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