>well, we're in a global bankruptcy since
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>1783. The federal government lasted less than two years before it had to be
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>underwritten by the Crown of France and England (and later The Vatican), because
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>they were unable to conduct commerce with the rest of the world,
Wow, this is the first time that David Graeber has seen fit to post on 8ch!
What about odious debt? If the king of France owns debt, that debt might be torn up simply because the king of France is not worthy of being part of a legal system.
Also, in before Michael Hudson fans start talking about jubilee.