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When it comes to demanding repayment of a loan from a debtor, there is an ultimate point when the debtor can say "come and get it if you dare". If the creditor is Germany, that's that. Have you ever thought of it?
So if you were to do worse than that, well, then France would probably be next. And if France disintegrates, it's at least plausible that at some point some people will want to do more than merely stop paying, and demand some back (something that Germany did once, didn't it?).
Not saying it's the most likely. Just that if you accept the premise that elites do even worse than failing to change course after countries break into civil wars, well, it will have to be bad. And indeed the 30s is the nearest experience. I'm pretty sure that lots of people explained that full outbreak was impossible back then too. In fact, I know that it was stated in the early 1910s.
Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi
Currently there is no political violence to speak of.
I distribute. You re-distribute. He gives your hard-earned money to lazy scroungers. -- JakeS
too recent to 'insabbiare' (let get buried under the sand).
likewise falcone and borsellino's murders.
'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty
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