I have thought for DECADES that when it comes in FACT DOWN to it, ALL the debts 'owed' will be declared null and void, from international level down to some penny in a loafer.......and the entire monetary systems of the world be combined into ONE, the unit of currency be called the QUACK, because like a duck no one gives a -uck.........
It will be coming down to that at some point, mainly because of the invention of the transistor and all the computing power that has enabled....much less communication power, kidding ourselves about wiring some amount of money around the world, as if there is anything there except some BIT on a wire.....
who kidding who???