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Richard Stallman's Political Notes

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Sri Lanka fell under crushing debt

jeudi 12 mai 2022 à 10:31

The government of Sri Lanka has fallen because of crushing debt. This could happen to other countries soon.

The underlying problem here is a system which gives countries no way to escape unpayable debts. The creditors get help from the governments they control, such as the US government, and drive the people of a fallen country into penury where they exist only as slaves paying tribute to international creditors.