THE BELIZE PUBLIC DEBATE WHAT THE PRIME MINISTER SHOULD DO ABOUT THE BELIZE SUPERBONDS? AN ARGUMENT FOR DEFAULT HAS BEEN PUT FORTH.
-a possible legal theory as to how Belize can default on national debt
Caselaw
http://www.odiousdebts.org/odiousdebts/index.cfm?DSP=subcontent&AreaID=12
"In international law, odious debt is a legal theory that holds that the national debt incurred by
a regime for purposes that do not serve the best interests of the nation,
should not be enforceable. Such debts are, thus, considered by this doctrine to be
personal debts of the regime that incurred them and not debts of the state.
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