Debtors' Cartel & Collective Debt Repudiation (was Re: RES: a trip to North Korea)

Doug Henwood dhenwood at panix.com
Sat Apr 22 14:22:32 PDT 2000


Yoshie Furuhashi wrote:


>Just imagine how the North Korean "Juche" might work, if it were
>practiced in alliance with a number of Third World governments which
>collectively repudiated international debts & were working to create
>a new regional South-South aid & trade regime.

Then it wouldn't be "juche" - it'd be a commitment to interdependence, not self-reliance. Hang together or hang separately, as someone said.

Doug



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