Wednesday, 19 August 2009

ODIOUS DEBT

ODIOUS DEBT - IF YOU DIDN'T BUY IT, YOU DON'T HAVE TO PAY

Odious (or Hostile-to-the-borrower) Debt is a legal theory which holds that “debt incurred by a regime for purposes that do not serve the interest of the nation … should not be enforceable as the debt was not incurred by the nation or (by or for) its people, but by the interests of the regime, whether elected or not.”

Reject odious debt!

2 comments:

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