stratum wrote:About the credit supply problem: the politicians arguing about the western world debt problem are doing a pretty bad job of selling the idea that it's a problem that needs to be solved. The ones who say kick the can down the road are winning. The reason is that many countries rely on their consumption capability. Think of it for a moment - even your plugins didn't ever really have many customers elsewhere.
I think this idea isn't selling, because nobody can solve it. Most part of the debt can't be repaid due to natural risk losses. You've built a plant and it exploded, you've built a structure and it fell down, etc. If debts can be covered by issuing more credit, the system sustains itself, when you can't give credit, the system collapses. Take a close note to Bitcoin - it is in my opinion a "helicopter money", another option to save system from collapse. It's the most corrupt way to fix an unfixable problem. Any country with credit system faces the same challenges. Quantitative Easing is also corrupt - it's buying something worth $1 for $10, a version of "helicopter money" for institutional investors. Unfixable debt is also created when you consume your credit money and declare bankruptcy. In the past bankrupt persons were sent to jail and for a reason.
My plugins are sold in about 70 countries, other countries just simply can't afford them.