In light of endless austerity budgets, @Debtocracy's section on how Equador dealt with odious debt seems very timely http://youtu.be/qKpxPo-lInk?t=40m25s …
@sheilabenson I still think the best way would be the abolition of odious debt, instead of unilaterally defaulting. But this is never ending
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@asteris I do remember much discussion of the "abolition of odious debt" option. Situation in Greece did seem to fit the criteria ... -
@sheilabenson we've accrued more since then. It's eminently suitable, an audit is long overdue, but we're not allowed to even contemplate it -
@asteris .... don't know where this is all heading .... not a good place, I fear ....
End of conversation
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