When the USSR broke apart, the Russians made an international agreement to pay back some of the debt. Pretty much entirely so that at least some creditors would have confidence enough to put more money in.
That’s what I mean, the states would have to come to an agreement on what everyone’s share is. I don’t expect every state to agree to pay $680 billion.
When the USSR broke apart, the Russians made an international agreement to pay back some of the debt. Pretty much entirely so that at least some creditors would have confidence enough to put more money in.
So probably something similar.
That’s what I mean, the states would have to come to an agreement on what everyone’s share is. I don’t expect every state to agree to pay $680 billion.
No, likely the broken off piece(s) would each negotiate with potential creditors separately.