ABSTRACT
‘Countries do not disappear. Even Indonesia or Chile or Ghana didn’t go down the drain. We rescheduled their debts and we fully expect to do the same in 1975 for Brazil or Gabon or Greece. Everyone will get repaid in the end and there will be no apocalypse.’ (Neil Mclnnes, ‘Financial Time Bomb’, Barron’s, 25 November 1974, p.9.)
