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Greek Debt Committee Just Declared All Debt To The Troika “Illegal, Illegitimate, And Odious”
Wednesday, June 17, 2015 8:42
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“Greece not only does not have the ability to pay this debt, but also should not pay this debt first and foremost because the debt emerging from the Troika’s arrangements is a direct infringement on the fundamental human rights of the residents of Greece. Hence, we came to the conclusion that Greece should not pay this debt because it is illegal, illegitimate, and odious.”
As we predicted over four years ago, Greece has effectively just declared that it will no longer have to default on its IMF (or any other debt – note that the dreaded “Troika” word finally makes an appearance after it was officially banned) simply because that debt was not legal to begin with, i.e. it was “odious.” …. http://www.zerohedge.com
Source: http://luismmx.blogspot.com/2015/06/greek-debt-committee-just-declared-all.html
