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Virtual money > actual money. Right?
I find it weird that we live in a world where having your debt held by foreign banks is deemed a much better option than actually having your debt held by your own banks, with your own people's money in them. Turns out that relying on non-existing, virtual money that gets typed on some PC screen somewhere, and somehow miraculously pops up on the world "market", is a much better "solution" than having actual money deposited at actual vaults in actual banks, held in actual accounts by actual people/firms/institutions. It's a perverse world that we live in.