The Debt System | A History of Sovereign Debts and Their Repudiation | by Eric Toussaint

In this groundbreaking history, renowned economists Eric Toussaint argues for a radical reversal of this balance of accounts through the repudiation of sovereign debt. The Debt System sheds light on this powerful device; it tells how, from the beginning of the nineteenth century, states from Latin America to China, Tunisia, Egypt, and the Ottoman Empire, among other countries, as well as Greece have lost their autonomy.