I1L2T3 Posted September 22, 2011 Share Posted September 22, 2011 If the UK is in debt and all of Europe is in debt and all of the USA is in debt who holds all the credit notes, and why don't we all just default (ie not pay)? Not pay? What about the poor banks? Link to comment Share on other sites More sharing options...
I1L2T3 Posted September 22, 2011 Share Posted September 22, 2011 That would lead to a bartering system that once existed throughout the world. People would swap their skills and services with each other and money would become meaningless. The ruling classes would cease to be the ruling classes as they have no skills to sell. They just have all the money! BRING IT ON! Pure barter systems are a bit old school. We'd still need a form of currency. Link to comment Share on other sites More sharing options...
xenia Posted September 23, 2011 Share Posted September 23, 2011 Meanwhile, out on the tundra OGG has caught a mammoth. QUOTE=I1L2T3;8099428]Pure barter systems are a bit old school. We'd still need a form of currency. Link to comment Share on other sites More sharing options...
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