Libertarians Will Feel No Guilt When Our Debt Burden Crushes the USA (activist, solution)

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The Problem of "National Debt" - a libertarian solution - not a pseudo cancellation, but the acknowledgement of individual responsibility

Now, in a National State, nothing is voluntary, — and even less so when the Governments of said ``Poor Countries´´ do not even have the pretense of being democratic. And even when these States are democracies, a libertarian will claim that its citizens did not have the choice of being subjects of the State or not: only the acknowledgment of the individual right for anyone to secede unilaterally may bring any legitimacy to the entities called ``States´´. From which it follows that the debts contracted ``by States´´, and that serve foremost to enrich the officers of these States and their friends, cannot in any way bind the citizens oppressed by those States, — not anymore than the debts of a slave-owner may fall back upon his former slaves once freed.

Therefore, the solution is simple: Debts only bind those decision-makers who contract them, as well as their direct accomplices. Presidents, ministers, politicians, bureaucrats, generals, activists from significant lobbies and unions, as well as other State-men, all those who detain any political power, direct or indirect, official or unofficial, formal or informal — they each are responsible in accordance to their role in the decision to borrow. Faced with a possible default of payment from the citizens of a Country or from a further Government of said Country, the creditors (banks and other States) may legitimately turn themselves against those persons who lightly committed to paying back the considered debt (the above-mentioned State-men), but they may not turn against those innocent third parties that the oppressed citizens, victims of the borrowers, constitute.

Hence, lenders may recover from the corrupt State-men all the funds they embezzled, as diminished by all the riches that these robbers will have dilapidated. As for the unrecoverable difference, it will remain as a loss to the lenders; this will teach them to lend money to irresponsible parties! Thus, once the financial risk of lending money to Governments will fall upon the contracting parties rather than on innocent third parties, (the taxpayers of both lending and borrowing States), the sources of financing for such operations will quickly dry up.

Libertarians are the only people in America who don't have to apologize to the children who will grow up owing over $300,000 EACH to pay off the debts incurred by liberals and progressives in their flaccid attempt to build a government massive enough to mask real life with the façade of social utopia.