4 ms·
Yes, but there will be consequences of course (e.g. inability to borrow in the future).
by hhandoko 11y ago
Yes, but there will be consequences of course (e.g. inability to borrow in the future).
- gonvaled 11y agoAre you sure about that? Isn't a country better off after debt restructuring?
- hhandoko 11y agoMy response was in context of whether we can just `not pay` our loans. But yes, a country can be better off after debt restructure and should remain that way if certain reforms are put in place.