yet many "third world" countries managed to pay their debts just fine. some even more than once in recent history.
American exceptionalism even in failure?
yet many "third world" countries managed to pay their debts just fine. some even more than once in recent history.
American exceptionalism even in failure?
How is it failure? You use your military to force trade to occur using your tokens. You control the supply of said tokens. You leave some other loser holding the bag for your debts. You win.