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Nations at High Risk from Global Warming Might Halt Debt Payments
- jqpabc123 4y agoThe other nations might halt any further "loans".
- ftyers 4y agoThat would probably work out better for all concerned.
- jqpabc123 4y agoCertainly better for those looking to default, don't you think? What's more fun than dealing with global warming? Doing so without any credit/money. The problem for the would-be defaulters is the same as it has always been --- they are relatively insignificant in the overall scheme of things. Their primary bargaining chip is their own credibility --- which they now threaten to destroy.
- funstuff007 4y agoAnd I assume Greenland and Canada will start over paying interest payments.
- stjohnswarts 4y agoThen I guess they don't need to borrow any more loans?
- credit_guy 4y agoWell, any nation at any point might choose to halt debt payments.