Martin Armstrong discusses numerous state defaults throughout America's history in his latest.
Amstrong also contrasts America's fiercely independent press prior to the great depression with the government lap dog MSM we have been subject to ever since.
When it comes to history, we ignore just about everything. We are told that to forget the past, to live in the present. Nobody wants to talk about what happened before. Yet when it comes to 9/11, we are told NEVER forget because this affirms the excessive power usurped by the government. So we are told to ignore the past when it reveals the FAILURE of government, but never forget instances that SUPPORT bigger government. Interesting how easily society is manipulated.
Numerous Previous American Sovereign Defaults
Answering Your Questions.