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by winfred 2422 days ago
Don't have to cancel it... All that debt is in US dollars. Just print so much money that you have 20% inflation per year for four or five years. Problem will be fixed. It's a scam you can only pull off once (after that the dollar isn't going to be the world reserve currency anymore), but it's a scam you can pull off once.
2 comments
desdiv 2422 days ago
Most of that debt is owned by Americans, who incidentally also own 393.3 million firearms - twice as much as every police force and military in the world combined[0]. I shudder to imagine what 100 million pissed off gun owners would do when they find out that there's going to be a 50% haircut to their life savings.

[0] http://www.smallarmssurvey.org/fileadmin/docs/T-Briefing-Pap...

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democracy 2422 days ago
That's a cute thought but it will not work even once.
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