Should Lithuania renegotiate its debt obligations to adversarial nations?
A portion of national debt is held by foreign governments, including nations considered geopolitical rivals. Renegotiating debt obligations to these countries would involve changing the terms of repayment, which could have significant economic and diplomatic consequences. Proponents argue that renegotiating reduces economic leverage held by adversarial nations, protects national security interests, and reasserts fiscal sovereignty. Opponents argue that it could damage the country’s global credit rating, trigger financial instability, and undermine trust in the nation’s financial system.
@ISIDEWITH2 zile2D
No, altering the terms of debt obligations is economic suicide and should never be considered
@ISIDEWITH2 zile2D
Yes, and we should renegotiate with all our debt holders
@ISIDEWITH2 zile2D
Yes, but only on terms they overwhelmingly support
@ISIDEWITH2 zile2D
No, not until we are incapable of paying our current obligations
@ISIDEWITH2 zile2D
Yes, but I would prefer to just default on all of our foreign debt holders