Quote:
Originally Posted by dyna mo
that's a default. just deleting the entry? you can't just delete an entry like that, right?
not to mention the other potential consequences many economists believe something like this would trigger, several of which i posted earlier.
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You could call it a default... I guess technically, if I loan myself $10, and apply $5 interest on it, and I fail to pay that interest, I defaulted on myself. Which is basically what the gov is doing.
We've failed to pay the interest on our debts before, a few times on purpose, once by mistake, it depends on which one we miss, if it hurts us or not. Debts are for sure not all created equally.