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TopicI'm getting rich from wars in 3rd world countries, AMA.
Another_Voice
10/16/22 8:16:19 PM
#7:


CRON posted...
The broke side of me is curious how much money this can yield, but my conscience knows it's fucked up to profit off war and suffering.

If it makes you feel any better, this is always going to exist. Their debts are always going to be there, and they absolutely have to pay them off. If not, they'll be expelled from the international community again (which has happened before and it remained that way for 30 years). Besides, that's unlikely since they've gotten international debt relief once and they'll get it again. Plus the fact that they have natural resources they can sell off to pay their debts, raise taxes and so on, means that they're very unlikely to have a complete default anytime soon or potentially even at all.

Also, in the event that I get scammed, I can just get a default judgement. They won't be able to fight a case in a Western court if they're already having trouble paying their own bond holders. Their assets held outside Somalia would probably be seized until people like me recoup our losses.

And, of course, the world bank and UN won't let them just 100% default lmao
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