I don't think governments can be "insolvent". As long as their financial obligations only amount to paying their obligations in dollars ( and not gold ), then they cannot run out. They don't even need trees for the paper , US dollars are made of cotton and there is no shortage of that in Alabama.
Moved from the "United States" forum. Original message number: 715
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I don't think governments can be "insolvent". As long as their...
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