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2/ One issue, aside from the obvious, is the impact it makes on the financial funding mechanism. Without quality collateral, things grind to a halt.

3/ We have to fund even greater initiatives as technology advances. How do we do this?

4/ How does this occur at a time when collateral in the form of government bonds are nuked?

https://inleo.io/@taskmaster4450/as-nations-default-on-debt-new-collateral-is-needed