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They will just take out new loans to service their old loans, rinse and repeat ad inifinitum.
You never know, the ciphertext might have contained a solution to that issue.
The medieval solutions to the king being out of money was always very straightforward.
1. Seize the gold from whoever has it
2. Punitively high taxation
Not sure much has changed
They will just take out new loans to service their old loans, rinse and repeat ad inifinitum.
You never know, the ciphertext might have contained a solution to that issue.
The medieval solutions to the king being out of money was always very straightforward.
1. Seize the gold from whoever has it
2. Punitively high taxation
Not sure much has changed