Quote:
Originally Posted by Dave
Isn't that the same deal home owners get every time they apply for a mortgage? Okay, I can see that they maybe didn't get the best deal, but the fact is their government was still responsible for the debt. Neither the original creditors nor the ones now in possession of the debt ever made any claims towards philanthropy, so why should they liquidate an asset worth millions of pounds?
I'm not saying I would do what they're doing, but I can see why they're doing it.
|
This is not like Zambia (or whoever) just fancied building a conservatory though is it? This is money that they needed at the time, and if they had simply been allowed to pay it back when they could, albeit with a bit of interest as incentive there wouldn't be a problem. But this is simply (legal) extortion. And however 'technically legal' it may be, I'm afraid if you can't bring yourself to condemn the practice then you have very different morals to mine.
If you're a bit skint one day and need money for your lunch, I could lend you twenty quid. But then I would demand you give me all of your next pay packet in return.
score...