68 sats \ 1 reply \ @ken 22 Aug \ parent \ on: Debt levels: irresponsible policies are sinking the world into debt econ
You hear this all the time, and it makes your head spin.
Banks own the debt. Default on the debt, and bank balances go poof
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21 sats \ 0 replies \ @justin_shocknet 22 Aug
Banks are just an obfuscation layer, they can't poof in a vacuum or we wouldn't have needed Bitcoin at all.
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