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Governments facing excessive debt burdens typically either default on their debts, print money to devalue their currency, or force others to hold their debt.
“What it means by a c a country is for a country, as I say, it's the same as it is for an individual, which means you either don't pay the debt or you exert pressure on others to take the debt even though they don't want it. history has shown this or you print money and you devalue money.”
Chris Williamson · Aug 2025 · 2 episodes · 1.9M views on this topicExtracted by a model; may misattribute who said what.