[...] 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)