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A comment on The Decline of the U.S. Machine-Tool Industry and Prospects for Recovery (1994). Parent comment

Re:The Decline of the U.S. Machine-Tool Industry and Prospec... by Loughla on Tuesday April 08, 2025 @07:19PM (#43627424)
Isn't it better just to own the debt of other countries?
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Re:The Decline of the U.S. Machine-Tool Industry and Prospec... by anarticle on Tuesday April 08, 2025 @07:27PM (#43627468)
Only if you can enforce it when there is a default. That odds against which was assumed to be zero is becoming nonzero.
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