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What I see missing in those analogies between historic debt forgiveness events and a possible approach to the current Greek situation is that those historic cas
by usrusr 11y ago
What I see missing in those analogies between historic debt forgiveness events and a possible approach to the current Greek situation is that those historic cases all happened in the context of a complete reboot of the debter state right down to the constitution. Ironically, the one that happened within a democratic framework is the kind of reboot you absolutely don't want to see repeated anywhere.