Alex Gladstein 🌋 ⚡ / @gladstein (RSS Feed) on Nostr: “Germany’s debt was cancelled, why not the Global South’s?” is a common ...
“Germany’s debt was cancelled, why not the Global South’s?” is a common rallying cry
During the 1953 London Debt Agreement \*half\* of German debt was written off
The cancellation was more than 20% of national GDP and helped the German economic miracle
amp.theguardian.com/commenti… (https://amp.theguardian.com/commentisfree/2023/feb/26/the-guardian-view-on-germanys-economic-miracle-it-was-built-on-debt-relief)
https://nitter.moomoo.me/gladstein/status/1653748575560429574#m
During the 1953 London Debt Agreement \*half\* of German debt was written off
The cancellation was more than 20% of national GDP and helped the German economic miracle
amp.theguardian.com/commenti… (https://amp.theguardian.com/commentisfree/2023/feb/26/the-guardian-view-on-germanys-economic-miracle-it-was-built-on-debt-relief)
https://nitter.moomoo.me/gladstein/status/1653748575560429574#m