• DarkCloud@lemmy.world
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    1 day ago

    What most people will offer as the result: Some economic results, a stagnant economy where no borrowing is possible. Loss of all ratings from the world bank. Debt repayment systems that cripple economic growth.

    What actually tends to happen historically: Massive inflation and money loss due to it exiting the system. Fascism, mass killing, militarization of Government, invasions of smaller countries. Being a pariah state. Ultimately a world war against you.