Current moves have been to implode all currencies, but peg the dollar to petrol, so it floats slightly higher on the pile.
The only ways to pay back 120%+ GDP is hyper-inflation or a debt jubilee. Given the South Seas company debt interest is still being paid back, doubt it will be the latter.
The only ways to pay back 120%+ GDP is hyper-inflation or a debt jubilee. Given the South Seas company debt interest is still being paid back, doubt it will be the latter.