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Monday, February 27, 2017

USA has no money to repay its debt!

https://sg.finance.yahoo.com/news/us-treasury-rekindles-interest-rare-century-bond-045924053.html

What do you do when you don't have money to repay or roll over your debt?

Well, you just need to issue much longer dated bonds to roll over your money so that the days of reckoning will come much later.

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