jeffw@lemmy.world to World News@lemmy.worldEnglish · 10 months agoG7 agrees to loan Ukraine $50 billion from the interest on frozen Russian assetswww.npr.orgexternal-linkmessage-square6fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1external-linkG7 agrees to loan Ukraine $50 billion from the interest on frozen Russian assetswww.npr.orgjeffw@lemmy.world to World News@lemmy.worldEnglish · 10 months agomessage-square6fedilink
minus-squarePahassaPaikassa@sopuli.xyzlinkfedilinkEnglisharrow-up0·10 months agoHaving debt is not bad in it self. The UK paid their last WW1 debts back in 2011 or something. I know the UK is in a bad state but it is not because of those war debts.
minus-squarezephyreks@lemmy.mllinkfedilinkEnglisharrow-up0arrow-down2·10 months agoCounterexample: Haiti’s independence debts from France for daring to free slaves
minus-squarePahassaPaikassa@sopuli.xyzlinkfedilinkEnglisharrow-up0·edit-210 months agoI should have said “debt is not always bad.”
Having debt is not bad in it self. The UK paid their last WW1 debts back in 2011 or something. I know the UK is in a bad state but it is not because of those war debts.
Counterexample: Haiti’s independence debts from France for daring to free slaves
I should have said “debt is not always bad.”
thank you