Dave Volek
Jul 17, 2022

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If a bank issues debt to someone who can't pay that debt, eventually the person can eventually declare bankruptcy to get out of that debt. I don't feel sorry for the bank; it took a risk.

It seems to me that Sri Lanka would be better off declaring bankrupcy. No more interest and principle payments to make. No more IMF policies to follow.

I would not feel sorry for the IMF.

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Dave Volek
Dave Volek

Written by Dave Volek

Dave Volek is the inventor of “Tiered Democratic Governance”. Let’s get rid of all political parties! Visit http://www.tiereddemocraticgovernance.org/tdg.php

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