“The Confederacy crushed itself by borrowing money from its citizens to fund the Civil War effort, and when the war was lost, the debt was worthless.”
That’s a good description of what’s been going on in America for the last several decades.
“The Confederacy crushed itself by borrowing money from its citizens to fund the Civil War effort, and when the war was lost, the debt was worthless.”
That’s a good description of what’s been going on in America for the last several decades.