Pax Drone: Difference between revisions

Jump to navigation Jump to search
Line 16:
The exact reasoning behind the Pax Drone policy and its formulation remains hazy and obscured by both general disorganization in the post-war government, and the opaque nature of Packilvanian decisionmaking. The policy has in part been attributed to a desire by the government to provide a sense of security for lenders, who were already operating in a deeply uncertain environment. It was in the government's interest to foster economic activity and thus access to credit. Strong political pressures that had emerged as a backlash against communism limited the degree to which state institutions were allowed to meddle in economic matters, and this precluded any efforts to provide serious state financing or support for businesses, or forms of debt relief or bailouts that might allow investors and creditors to easily recoup losses from failed ventures.
 
Additionally, bankruptcy was itself viewed as a moral failing and a betrayal of trust, and it was feared that the institution of bankruptcy laws similar to those used elsewhere around the world might only add to the unease of creditors.
 
(The rest of this is WIP seriously just ignore it)
verified
1,614

edits

Cookies help us deliver our services. By using our services, you agree to our use of cookies.

Navigation menu