debt repudiation

Summary:  Hard times might lie ahead, forcing difficult choices.   We must clearly understand our alternatives, and their history.  IMO only clarity of thought and resolute wills will see us through the next decade.  How to manage public finances might be our greatest challenge. Why do we continue down a path which almost certainly ends badly?  …

We might default on our governments’ debt in the future. Do you know how often we’ve done so in the past? Read More »