[lbo-talk] Krugman: The Zombies Who Ate Alan Simpson's Brain

Shane Mage shmage at pipeline.com
Wed Jun 23 14:20:19 PDT 2010


On Jun 23, 2010, at 5:01 PM, socialismorbarbarism wrote:
>
> ...The United States isn’t suggesting anywhere that its debt
> obligations
> to other nation-states and to private debtors are somehow open to
> question...

Since 1933, when the US repudiated 43% of every single debt it owed, that question has been open. But it still can't repudiate debt *selectively*.

Shane Mage

"All things are an equal exchange for fire and fire for all things, as goods are for gold and gold for goods."

Herakleitos of Ephesos, fr, 90



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