Episode 408 • • 1:30:08 - 1:38:29
408: Odious Debt
Debtocracy Documentary, Odious Debt and Greek Economic Crisis
The crowdfunded documentary "Debtocracy" explores the concept of "odious debt" in relation to the Greek financial crisis. The legal theory posits that national debt incurred by a corrupt regime for purposes not serving the public interest should not be enforceable. The segment highlights how this concept was used by the U.S. in Iraq and by Ecuador to repudiate international loans.