Bond failures and bailouts will continue because it is not how much money you have, it is how much you have relative to your competition.
Different countries have different amounts of labor, military, resource, production, and financial power.
The first four require some effort to wield. The last does not. There is no braking effect.
Different countries have different amounts of labor, military, resource, production, and financial power.
The first four require some effort to wield. The last does not. There is no braking effect.
