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A comment on India’s banking system is flirting with a Lehman moment. Parent comment

Re:India’s banking system is flirting with a Lehman moment by icelancer on Saturday November 10, 2018 @06:31AM (#18420900)
> So they will inflate their debt away.

You say this, but it doesn't work nearly as easily as you seem to think. You cannot just devalue your currency and pay people off with zero effects. And if that was actually a threat, the US would not have an AAA credit rating.

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Re:India’s banking system is flirting with a Lehman moment by gboss on Saturday November 10, 2018 @03:44PM (#18423403)
The US doesn't actually have an AAA rating anymore according to S&P it's an AA+.

https://en.m.wikipedia.org/wiki/United_States_federal_govern...

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Re:India’s banking system is flirting with a Lehman moment by cm2187 on Saturday November 10, 2018 @08:16AM (#18421204)
Oh I agree, inflation is nasty. This accumulation of debt will end in tears.
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