Comment immoral strategy (Score 1) 639
I have no idea how this would work at the international level. I've never heard a news anchor ever say anything like it. What if the idea is to borrow as much as they possibly can without ever intending to pay any of it back? Just borrow money from a country, wait for that country to have a revolution or collapse or something, then just throw our hands in the air and say, "Oh darn! We lost the records of all the money we owed. I guess things are even now."
Or even more directly, what if the US just declared war on its debtors? Just make up some BS reason to do it and sell it to the rest of the world?