My view is that we should go to a more or less war footing, and a command economy, in order to introduce the kind of fiscal responsibility, and frugality, necessary to pay off the Chinese and others in a timely manner.
This seems like a responsible and quite conservative approach to take to such a bad situation.
Also, no more quantitative easing, which just blatantly dilutes the purchasing power of the debt payments to all the big big property creditor interests out there.
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