Would it be fair to think of prototypical citizens as asset underlying sovereign bonds? So US treasury= trust in value of typical "American"
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it made clear that US policy/politics not as stable anymore (i.e. We're electing the same nutjobs as banana republica do)
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where I'm going: not sure yet, trying to get a handle on the planetary balance sheet and its conceptual foundations
H-S Shin's papers are probably the closest in spirit
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