this post was submitted on 24 Nov 2025
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[–] Saapas@piefed.zip 1 points 4 months ago (1 children)

You are suggesting the country can set the interest rate and will get loans against that rate. Even when the loans pile up and the outlook on paying that loan off in agreed on time gets worse.

[–] FuckyWucky@hexbear.net 1 points 4 months ago (1 children)

This will go on forever, I'm just describing reality. Please read the book.

Regards.

[–] Saapas@piefed.zip 1 points 4 months ago

The idea that a country can set their own interest rate one-sidedly with global creditors and receive endless credit against that rate is just a fantasy.