• CaptainBasculin@lemmy.ml
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    2 years ago

    I always wondered this, what happens if a country in debt gets conquered by another entity? Are the debt still valid?

    • jarfil@beehaw.org
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      2 years ago

      As with everything concerning international law: it depends on the weapons and strategic alliances of each entity.

      There are several reasons why China is ramping up ICBM production, the possibility of a country in debt “switching sides” in order to avoid payment, is likely one of them.