long end of the curve?, page-10

  1. 5,717 Posts.
    That there are people who think a government, any government can just print money to cover their debt without consequences is beyond me.
    If this could be done, no government would have ever defaulted on their debt.

    List of modern Sovereign Debt Defaults or Debt Restructuring

    Algeria (1991)
    Angola (1976, 1985, 1992-2002)
    Cameroon (2004)
    Central African Republic (1981, 1983)
    Congo (Kinshasa) (1979)
    Côte d’Ivoire (1983, 2000)
    Gabon (1999–2005)
    Ghana (1979, 1982)
    Liberia (1989–2006)
    Madagascar (2002)
    Mozambique (1980)
    Rwanda (1995)
    Sierra Leone (1997–1998)
    Sudan (1991)
    Tunisia (1867)
    Egypt (1876, 1984)
    Kenya (1994, 2000)
    Morocco (1983, 1994, 2000)
    Nigeria (1982, 1986, 1992, 2001, 2004)
    South Africa (1985, 1989, 1993)
    Zambia (1983)
    Zimbabwe (1965, 2000, 2006
    Antigua and Barbuda (1998–2005)
    Argentina (1827, 1890, 1951, 1956, 1982, 1989, 2002-2005 (see Argentine debt restructuring))
    Bolivia (1875, 1927, 1931, 1980, 1986, 1989)
    Brazil (1898, 1902, 1914, 1931, 1937, 1961, 1964, 1983, 1986–1987, 1990)
    Canada (Alberta) (1935)
    Chile (1826, 1880, 1931, 1961, 1963, 1966, 1972, 1974, 1983)
    Colombia (1826, 1850, 1873, 1880, 1900, 1932, 1935)
    Costa Rica (1828, 1874, 1895, 1901, 1932, 1962, 1981, 1983, 1984)
    Dominica (2003–2005)
    Dominican Republic (1872, 1892, 1897, 1899, 1931, 1975-2001 (see Latin American debt crisis), 2005)
    Ecuador (1826, 1868, 1894, 1906, 1909, 1914, 1929, 1982, 1984, 2000, 2008)
    El Salvador (1828, 1876, 1894, 1899, 1921, 1932, 1938, 1981-1996)
    Grenada (2004–2005)
    Guatemala (1933, 1986, 1989)
    Guyana (1982)
    Honduras (1828, 1873, 1981)
    Jamaica (1978)
    Mexico (1827, 1833, 1844, 1850, 1866, 1898, 1914, 1928-1930s, 1982)
    Nicaragua (1828, 1894, 1911, 1915, 1932, 1979)
    Panama (1932, 1983, 1983, 1987, 1988-1989)
    Paraguay (1874, 1892, 1920, 1932, 1986, 2003)
    Peru (1826, 1850, 1876, 1931, 1969, 1976, 1978, 1980, 1984)
    Surinam (2001–2002)
    Trinidad and Tobago (1989)
    United States (1779 (devaluation of Continental Dollar); 1971 gold standard abandoned

    Uruguay (1876, 1891, 1915, 1933, 1937, 1983, 1987, 1990)

    Venezuela (1826, 1848, 1860, 1865, 1892, 1898, 1982, 1990, 1995–1997, 1998, 2004)
    China (1921, 1932, 1939)
    Japan (1942, 1946-1952)
    India (1958, 1969, 1972)
    Indonesia (1966, 1998, 2000, 2002)
    Iran (1992)
    Iraq (1990)
    Jordan (1989)
    Kuwait (1990–1991)
    Myanmar (1984, 1987, 2002)
    Mongolia (1997–2000)
    The Philippines (1983)
    Solomon Islands (1995–2004)
    Sri Lanka (1980, 1982, 1996)
    Vietnam (1975)
    Albania (1990)
    Austria-Hungary (1796, 1802, 1805, 1811, 1816, 1868)
    Austria (1938, 1940, 1945)
    Bulgaria (1932, 1990)
    Croatia (1993–1996)
    Denmark (1813) (see Danish state bankruptcy of 1813)
    France (1812)
    Germany (1932, 1939, 1948)
    Hesse (1814)
    Prussia (1807, 1813)
    Schleswig-Holstein (1850)
    Westphalia (1812)
    Greece (1826, 1843, 1860, 1893, 1932, 2012)
    Hungary (1932, 1941)
    The Netherlands (1814)
    Poland (1936, 1940, 1981)
    Portugal (1828, 1837, 1841, 1845, 1852, 1890)
    Romania (1933)
    Russia (1839, 1885, 1918, 1947, 1957, 1991, 1998)
    Spain (1809, 1820, 1831, 1834, 1851, 1867, 1872, 1882, 1936-1939)
    Sweden (1812)
    Turkey (1876, 1915, 1931, 1940, 1978, 1982)
    Ukraine (1998–2000)
    United Kingdom (1822, 1834, 1888–89, 1932)
    Yugoslavia (1983)
    http://armstrongeconomics.com/sovereign-debt-crisis/sovereign-debt-defaults-restructuring/
 
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