08 November 2011

Debtocracy. Deudocracia

A must watch, Want to know what's behind the Greek Debt? Ever heard of 'Odious Debt'? In international law, odious debt is a legal theory that holds that the national debt incurred by a regime for purposes that do not serve the best interests of the nation, should not be enforceable. Such debts are, thus, considered by this doctrine to be personal debts of the regime that incurred them and not debts of the state.

Now watch;

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