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jontro | 3 years ago

How is even possible to retract a loan guarantee? I doubt that's possible in other countries

discuss

everybodyknows|3 years ago

This is a question for an expert in the South Korean legal system.

If a US state governor OTOH tried such a move, I'd expect litigation.

627467|3 years ago

I guess many thought sovereign gold reserves were also impossible to sieze and yet...

anm89|3 years ago

I'm always confused by this type of perspective. It's like asking "how is it possible to lie" or "how is it possible to say xyz"

What laws of physics prevent people from reneging on financial agreements? It happens a million times a day. It's one of the most believable human interactions. What part of it doesn't feel possible to you?

happyopossum|3 years ago

The part where there are no checks and balances. No court to issue a decision saying it had to be honored.