(July 5, 2015 at 3:14 pm)Homeless Nutter Wrote: Well, then - I guess beggars CAN be choosers...
They can when lenders have not thought through things properly and have loaned money without proper security. When you loan money to a country, the laws of other countries regarding repayment do not force them to do anything, just like other countries' laws do not make one drive on a particular side of the road or pretty much anything else.
It is when you loan money within a country that that country's laws affect payment. But loaning to another country, their laws matter, and they can tell you to fuck off if they want to.
"A wise man ... proportions his belief to the evidence."
— David Hume, An Enquiry Concerning Human Understanding, Section X, Part I.