Wednesday, September 8, 2010

Suing Hitler, will it work?

This is big because it portrays something bigger.  

Can Governments who default on debt on bond be later sued to pay those debts?

Governments don't really want to hyperinflate to effectively default on the debt, because that will hurt their bankster buddies.   It would be far cleaner to just default after a while.

http://www.spiegel.de/international/business/0,1518,716244,00.html


Steveo

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Insightful and Useful Comment!