Ecuador is to default officially on billions of dollars of foreign debt it considers "illegitimate", says President Rafael Correa.That's OK, we'll just repossess Miss Ecuador: Call it a down payment on that "illegitimate" $10 billion.
Mr Correa said he had given the order not to approve a debt interest payment due on Monday, describing the international lenders as "monsters".
The president said that some of Ecuador's $10bn debt was contracted illegally by a previous administration.
Net Neutrality is back just in time for the 2024 Election
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There is nothing that Democrats, or any other Marxists, fear more than
individuals freely communicating with each other. Leftists become
apoplectic whenev...
7 hours ago
So, what if we simply quit lending to countries without functional economies?
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