Has any G7 country deliberately defaulted on sovereign debt to punish a certain country?
score:2
No.
First of all, we should make clear what is meant here by the world "cancel". The question seems to confuse two very different things. China (as creditor) has forgiven debts owed to it by Cuba and other borrowers. What the Trump administration is allegedly contemplating here is that the US (as borrower) would willfully default on the money it owes to China. Forgiving debts you are owed and defaulting on debts you owe are not the same thing.
For a major industrial economy to unilaterally void any portion of its foreign debt in this way would be an absolutely unprecedented move. If you look at the list of sovereign debt crises on Wikipedia and sort by date, you'll see very few recent ones involving major industrial economies in the post WWII period. I'm not seeing a single case where a G7 country has been in default. Even when other relatively major economies have been in default, like the 1998 Russian financial crisis, I do not expect you will find any such countries were stating that they didn't intend to pay, nor were they withholding payment in order to punish their creditors.
More post
- 📝 Which is the oldest language in the World?
- 📝 How was Munich Captured in WWII?
- 📝 Can anyone identify this European ?naval uniform from photograph and likely date (belle époque)?)
- 📝 Was there a movement for "humane" slavery?
- 📝 How did the Egyptian engineers of the Third and Fourth Dynasty construct the Pyramids and Sphinx without modern science and mathematics?
- 📝 Why is communism hated by some ppl?
- 📝 Were there high-ranking Japanese POW as witness at the Trinity Atomic Bomb Test?
- 📝 Are tanks the only reason for the abandonment of trench warfare?
- 📝 Did Truman threaten a nuclear strike if the Soviet Union didn't withdraw from Iran in 1946?
- 📝 What was the earliest black advocacy for Palestinian rights?
- 📝 Are Zoot suits considered an element of the 1940s Hipster subculture?
- 📝 Paying for something in Revolutionary Times
- 📝 What made Alexander great?
- 📝 How accurate is Stone's "The Trial of Socrates"?
- 📝 Other possible inventors of the Transistor?
- 📝 Anti-Semitism and Edmund Burke
- 📝 What were the largest newspapers in mid-1800s California?
- 📝 After the 1947 India Partition, why did Sikhs & Hindus fleeing Pakistan travel to Delhi rather than stay in Amritsar?
- 📝 Which was more revolutionary for its time: Television or Radio?
- 📝 How can we be certain of customs in the primitive age?
- 📝 Cryptography used by Red Army in Polish-Bolshevik war
- 📝 Where online is the text of newspaper articles from the 1800s transcribed?
- 📝 Why did Indonesia use a separate currency for West Irian before 1973?
- 📝 Were the Huns and Mongols at one point rivals?
- 📝 How to understand the geography of Napoleon's military campaigns?
- 📝 Request for ancient history video lecture references
- 📝 When was the last promotion in the British Peerage?
- 📝 Who invented modern bookends? (both model T and model L)
- 📝 Who are the five figures in the niches in the 'Monument of Marchese Spinetta Malaspina'
- 📝 Why did the USA invade Okinawa instead of one of the many other islands in southern Japan
Source: stackoverflow.com
Search Posts
Related post
- 📝 Has any G7 country deliberately defaulted on sovereign debt to punish a certain country?
- 📝 Has any country ever diverted an international flight in order to arrest a wanted person?
- 📝 Has any country ever had 2 former presidents in jail simultaneously?
- 📝 Has any country won a war, but lost a non-trivial portion of its territory?
- 📝 Did any country threaten war on the US because they didn't pay their debt after the Revolutionary War?
- 📝 Has a country gone to war to seek payment of a debt since 1900?
- 📝 What is the oldest debt that any country is paying right now, and to whom?
- 📝 Has any country ever 'sold' a part of it's territory voluntarily to another?
- 📝 Has any country ever voluntarily admitted to genocide?
- 📝 Has any country ever annexed territory of another country without physically controlling it?
- 📝 Has a sovereign Communist government ever run, and conceded loss, on a fair election?
- 📝 When has a sovereign state last given territory to another as a gift?
- 📝 Has anyone ever named a war after their own country or faction?
- 📝 Has an heir ever made the country believe the current ruler died in order to take over the throne?
- 📝 Does any country have an official celebration for the annexation of foreign territory?
- 📝 Were there occasions when a sovereign country voluntarily joined another country?
- 📝 Has there been any "invasive plants warfare" in the past?
- 📝 Has any U.S. Vice President cast a tie-breaking vote against their own administration?
- 📝 Has there ever been a truly bilingual country prior to the contemporary period?
- 📝 Has any foreign embassy ever been entered without permission?
- 📝 Is there any instance of part of a country successfully seceding and then unifying with a neighbouring country in the last century?
- 📝 Has any medieval army ever fought 3 or more distinct battles on the same day?
- 📝 Has a foreign power ever sought to compel another country to abide by international law by means of that country's internal judiciary?
- 📝 Has Catholic excommunication ever caused the dethronement of any king?
- 📝 Has any national leader ever climbed as far as fast as Ulysses S Grant?
- 📝 Is there any country where the founder of the nation is no longer respected?
- 📝 Has any other book in history been as "prescriptive" as Mein Kampf?
- 📝 Has there ever been litigation over a salvaged shipwreck between a European country and a former ex-colony?
- 📝 Has any real-world culture actually included a "Life Debt" tradition?
- 📝 Has any US President served in a government position with a foreign nation before or after their presidency?