The automatic first economic step in any SysAdmin job
Monday, November 22, 2004 at 4:36PM
Thomas P.M. Barnett

"Major Creditors in Accord to Waive 80% of Iraq Debt," by Craig S. Smith, New York Times, 22 November 2004, p. A1.


A good sign and a needed sign. The Core decides collectively to cancel 80% of Iraq's outstanding debt of $39B.


Now the pressure's on Saudi Arabia, Kuwait and other Middle Eastern regimes to do the same.


Nice move, say I.


Also as a mental note, this decision should be automatic in any future A-to-Z Core-wide rule set on processing politically bankrupt regimes in the Gapóno ifs, ands or buts.

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