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spwa4yesterday at 8:19 PM1 replyview on HN

Which will make the problems of the rich disappear and the problems of the poor and the state ... worse. (because the costs of the state are paying off loans for expensive generation, costs which they recover from the poor)


Replies

triceratopsyesterday at 8:51 PM

The state can default on the loans too. It sucks and it will make future financing more difficult. But it remains an option. No such thing as risk-free lending.