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[...] Today's global capitalism brings the relationship of debtor/creditor to its extreme and simultaneously undermines it: debt becomes an openly ridiculous excess. We thus enter the domain of obscenity: when a credit is accorded, the debtor is not even expected to return it--debt is directly treated as a means of control and domination.

It is as if the providers and caretakers of debt accuse the indebted countries of not feeling enough guilt [...]

he goes on to cite the EU with Greece, and the IMF with Argentina (not wanting Argentina to pay its debts back because then they would lose control over its finances)

—p.45 Diagnosis (17) by Slavoj Žižek 9 years, 1 month ago