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Olduvai III: Catacylsm
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Greek Parliamentary Debt Committee Declares All Debt Illegal

Greek Parliamentary Debt Committee Declares All Debt Illegal For a while now, I’ve had a German saying floating around my files, that I didn’t really know what to do with. I know now. The saying is: In der Not ist der Mittelweg der Tod. Which loosely translates as: In emergencies, the middle ground is lethal. […]

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“Odious Debt” Has Finally Arrived: Greece To Write Off “Illegal” Debt

“Odious Debt” Has Finally Arrived: Greece To Write Off “Illegal” Debt It was back in June 2011 when we first hinted that the time of Odious Debt is rapidly approaching. As a reminder, this is what Odious Debt is: In international law, odious debt is a legal theory which holds that the national debt incurred by a regime for purposes that […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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