The money that is created out of nothing in the banks should go to the creative people and the people that actually contribute something to society.
That being said, I liked your article again very much and I get the point somewhat I think, but what I was thinking was this: Aren't we in too deep? Hasn't the point of no return been crossed and isn't the only way to resolve the debt something like selling a part of your country?
Like maybe America could sell New York, Washington and some other cities to Dubai or something ;)
Here is a great article I've found: https://www.internationalman.com/articles/three-reasons-why-the-us-government-should-default-on-its-debt-today
We are way past the point of no return. We can't really solve the existing economic problems without loosing a limb. At best we could move into a sensible economic policy and make things get better over few decades. But people care too much about the short term.
Even if a country sell a city, if the policies aren't changed, it's only going to be a temporary fix.
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