Interesting question actually. Given a level of inequality, how should debt be notionally 'distributed'? twitter.com/jamyerson/stat
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Replying to
.@gibsopi Yes but "government" isn't an abstraction. Sovereign debt *is* a representation of the credit worthiness of a people
Replying to
.@gibsopi It's not like we're in 16thc Spain where you can get sloppy with sovereign debt defaults, even with a reserve currency
