Quote:
Originally Posted by Relentless
There are few things any person or entity can ever do that soil their reputation more than not paying a debt that is owed.
Failing to pay our debts is not an 'option'
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The difference between a normal person or business and the state is that the state doesn't produce anything. It doesn't produce anything so it doesn't have any real income. It takes out loans that it can never pay back, it forces other people (the tax payer) to pay the interest on those loans and it then takes out some more loans etc etc.