What happens when a country doesn’t pay its debts? 461 viewsJanuary 3, 2024 Question91.39K January 10, 2022 0 Comments Can they just ignore the debt like it never existed? Are there real reprucussions for the government or impacts to the econony? In: 467 28 Answers ActiveNewestOldest Anonymous Posted January 10, 2022 0 Comments There are several countries that defaulted international payments. Their currency was valued at zero, so now they are using US Dollar officially for internal payments. https://en.wikipedia.org/wiki/Currency_substitution#Countries_using_the_US_dollar_alongside_other_currencies You are viewing 1 out of 28 answers, click here to view all answers. Register or Login
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