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The Truth About Government Debt Default

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by Stefan Molyneux

us national debt graph, stefan molyneux

There has been so much apocalyptic talk about this national debt crisis in the U.S. and Europe, and it definitely is a huge problem which will not be easily solved any soon, nor does there seem to be a real interest in solving it, because – obviously – somebody is making a whole load of money out of it.

I like Stefan Molyneux’s cool approach to this topic; he shows us in numbers how, in fact, this whole thing of refinancing public debt really functions.


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