Fossil, for a minute ponder on this:
Pretend you are part of a consortium of the largest investment banks.
Your traders made oodles of money every day.
But, "wierdly" you lend a BIG wad of money to a country...in return for a fairly small interest rate.
And you actually keep lending...
Why?????????????????????????????????
The consortium could make MUCH more money buying, selling...stuff...like stocks, bonds, commodities...etc..
The answer is :CONTROL. You bought yourself control of the country.
Think about that word ...control.
Understand ...who is in charge.
Then take a look at Trump's right arm and left arm....Wilbur and Steve.
This example can be applied to any country with large debt.
Do you recall the 2 trillion in interest Canada paid out since 1974??
If you want to test this, my suggestion is open up a business and get a BIG loan.
Who will be the "boss" when it comes to money decisions?