nathan: > large amounts of foreign denominated debt that is > unserviceable? no evidence.
Come on Nathan. There is a ton of evidence. Just look at the Wiemar Republic after the WWI. What do you think was one of the main reasons behind the rise of the Nazi's? Why do you think they singled out the Jews as scapegoats? Don't you think there was some relationship between that the Jews (not all but some of them) had been the world's financiers for thousands of years and the Holocaust? Is Judaism not the only monotheic religion there is in which charging interest to the "kuffar (non-believers/non-Jews)" has been acceptable from the beginning? By the way, the Wiemar foreign debt was not foreign currency denominated. It was non-domestic currency denominated. And they were forced to pay that debt in that non-domestic currency. Even the Bank of International Settlements was an outcome of those efforts to force Germany to pay that debt (reparations) in that non-domestic currency. If you create money to "buy" some other money to pay your external debt, hyperinflation occurs, unless you have means to "earn" that money, whatever that means. Best, Sab ri Best, Sabri _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
