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[quote user="YoHo1975"] <blockquote>  And, in point of fact sovereign nations cannot go broke. It's impossible to go broke when you have the printing presses. It's true you can devalue your currency to the point of self destruction, but that is very much a different issue. [/quote] I don’t see the comfort of dismissing the possibility of going broke because it only amounts to self-destruction rather than running out of money.  Generally, I would say that a government that prints enough money to destroy all of the value of money has done something that amounts to “going broke” even though technically they have not run out of money. </blockquote>
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