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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (147934)4/24/2019 3:12:38 PM
From: Maurice Winn2 Recommendations

Recommended By
dvdw©
SirWalterRalegh

  Read Replies (1) | Respond to of 218437
 
Debt is debt but that doesn't mean it needs to be repaid.

In fact debt is often not repaid. I have always been a creditor and I can assure you that the default setting is that debt is not repaid.

Repaying debt is a perpetual process with abrogation a constant risk.

I advocate abrogation of debt when collective debt is imposed on individuals.

For examples:
Saddam borrowed big from Russia = abrogated rightfully as the people of Iraq did not do the borrowing.
Iceland told banks to get lost as the citizens did not do the borrowing.
Slavery reparations in USA should be laughed out of town.
Greece should tell EU creditors to take a hike, declare Grexit, introduce Tradable Citizenship and become the best country in the world.
I don't owe NZ government debt as I oppose it.

Debt is debt like Theresa May said Brexit is Brexit. England should tell EU to forget the debt too.

Mqurice



To: Haim R. Branisteanu who wrote (147934)4/24/2019 8:19:38 PM
From: TobagoJack  Read Replies (1) | Respond to of 218437
 
re <<Debt is debt and must be repaid even for building a bridge to nowhere>>

... were not and may not always be the case.

hard mathematics and solid history should be used as our guide, per that which cannot be support by economics won't, and history offers the same end-state solutions to many problems

below are equity and debt instruments that ended at the very same point-of-destination

the difference being that the equity literally just vaporised, and the debt ended up as years of railway enablement

therefore, for the recipients of debt, perhaps best to calculate, and load-up reasonably

the issue about BRI is not one of whether to do or not do, but how much to do, and the issue surely must be left in the hands of the local populations everywhere as opposed to being dictated out of deep-state Washington DC ?