Daniel GreenfieldRightSide News
Debt is the surest and shortest path to a global economy. Punishing all actors in local economies but those who are â€œtoo big to failâ€ empowers â€œtoo big to failâ€ systems and â€œtoo big to failâ€ economies. Encouraging debt and the eventual assumption of debt passed on and commodified by increasingly larger political and economic entities creates supraentities built on debt and dedicated to economic regulation.
The assumption of state debts by the Federal government was a major step in the federalization of the United States. The growing assumption of micro and macro debts by the United States government and by international bodies allows for greater macro and micro regulation of economic activities.
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