Is That a Good Idea?

Mozambique swapped bonds backed by tuna fishing boats that were bones. Instead of like, making these bonds government guaranteed bonds, it actually just swapped them into government debt. The impoverishment of an extremely poor population in mosambique was entirely unnecessary. It's easy to see how the u.K. Financial conduct authority gets involved because the bonds were issued under london law,. and that it was a fraudulent bond issue. Exerts power globally has this kind of primary regulator status as the primary regulator for every global bank. And if a global bank does something bad anywhere, the d g o j is going to want a piece of that.