"Sovereign immunity" is the default legal principle that pro...

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"Sovereign immunity" is the default legal principle that protects any governments (foreign states, certain government agencies, etc) from being sued without their consent. So cross border DEBT collection collection is not same suing someone or company in court. so when a sovereign gov fails or constitution is dissolved, etc - IOUs becomes just become electronic toilet paper instantly.
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"content": "\"Sovereign immunity\" is the default legal principle that protects any governments (foreign states, certain government agencies, etc) from being sued without their consent. So cross border DEBT collection collection is not same suing someone or company in court. so when a sovereign gov fails or constitution is dissolved, etc - IOUs becomes just become electronic toilet paper instantly.",
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