LynAlden on Nostr: During sovereign debt crises, powerful countries have a lot of tools of financial ...
During sovereign debt crises, powerful countries have a lot of tools of financial repression available to block the exits.
But it’s hard to know how competent they will be at wielding them.
Best to plan and build for the worst. It’s always better to be surprised in a good way than a bad way.
Published at
2023-10-02 22:55:21Event JSON
{
"id": "8ec53275609943fac7fd0b569a5074653c923ff91794667636ef00abdec370e1",
"pubkey": "eab0e756d32b80bcd464f3d844b8040303075a13eabc3599a762c9ac7ab91f4f",
"created_at": 1696287321,
"kind": 1,
"tags": [],
"content": "During sovereign debt crises, powerful countries have a lot of tools of financial repression available to block the exits.\n\nBut it’s hard to know how competent they will be at wielding them.\n\nBest to plan and build for the worst. It’s always better to be surprised in a good way than a bad way.",
"sig": "df48ea0b1add3f699d99a267d75860accd5da2d2b83975e5c5bcb4373e9c9e03367e4b3acaa07fd6d51a6fbfa081ae352db6365b0130f92b89ca1dc83de60db3"
}
