you can just cancel debt and then expropriate expropriators. money is not real. bourgeois economics is fake.
>Bolshevik revolutionaries overthrew the government on October 24, 1917, subsequently creating the Soviet government. The amounts of payments in default were enormous.[3] Russian debt to Great Britain alone at the end of World War I was estimated at between 538 and 568 million pounds. The amount of debt to France was estimated at 3,573 million francs and Russian foreign debt to Japan equaled 147 million dollars.[citation needed]
The debt repudiation
>On February 8, 1918, the Soviet government repudiated all bonds issued by the Tsarist government when the Soviet of People's Commissars of the Russian Soviet Federative Socialist Republic (RSFSR) cancelled all previously issued Russian government debt. It stopped payment on foreign debt at the beginning of 1918 and declared that all debts contracted by the Russian Empire were cancelled, as well as the debts contracted by the Russian Provisional Government, so that the war could be continued from February to November 1917.[citation needed]
>At the same time, the Soviets decided to expropriate all assets of foreign nations in Russia. The Soviets also nationalized banks, lands, and industries. By repudiating the external debt, the Soviet government implemented the Petrograd Soviet’s decision of 1905.[4]
23 posts and 2 image replies omitted.Broooooooo contracts aren't real broooo. You can just hit the blunt and change your mind at any moment knomsayn.
>>2661260True. Very true. Ridiculously true.
>>2662061>collaborated with the westthe only country I can think of that never did that is just North Korea tho
>>2661260Trve. Most people are mindbroken by commodity production however. I don't remember how many times i tried to explain MMT to my parents.