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by pjc50 480 days ago
This view of the balance sheet is of course bananas.

The worst thing is that the fear of the US becoming Argentina may drive a series of actions that turns the US into Argentina. Well, I'm using them as the poster child here, but really a lot of the Latin American countries have similar economic problems which have been through socialist revolution/CIA-backed coup or vice versa and come off worse each time. It seems this has spread north.