Talk:National bankruptcy

some discussion was written before the publishing of the article.

'''The title of this article was translated literally but incorrectly from the german page. The proper title should be "sovereign default".''' —Preceding unsigned comment added by 82.82.92.184 (talk) 16:43, 21 March 2010 (UTC)

http://en.wikipedia.org/wiki/Wikipedia:Reference_desk/Archives/Humanities/2008_November_7#national_bankruptcy_-_article_in_wikipedia_missing

this might serve for discussion as well:

http://en.wikipedia.org/wiki/Insolvency#Government_debt

* "Default" essentially means a debtor has not paid a debt which he/she/it is required to have paid. * "Insolvency" is a legal term meaning that a debtor is unable to pay his debts. * "Bankruptcy" is a legal finding that imposes court supervision over the financial affairs of those who are insolvent or in default. source: http://en.wikipedia.org/wiki/Default_(finance)#Distinction_from_insolvency_and_bankruptcy --Stefanbcn (talk) 21:09, 23 January 2009 (UTC)

http://en.wikipedia.org/wiki/Government_debt#Clearing_and_defaults --Stefanbcn (talk) 01:56, 1 February 2009 (UTC)

Regarding a question left on my talk page about translation
Unfortunately, I only speak English (and even then, not all that well). If you need help translating from another language, see Translation. I hope that helps! --Jayron32. talk . contribs 21:56, 23 January 2009 (UTC)

Iceland
Here Iceland is listed as an example. However, the article 2008–2012 Icelandic financial crisis seems to indicate they're not bankrupt (or at least not quite yet). Which is it? --AbsolutDan (talk) 04:29, 29 January 2009 (UTC)
 * Thanks for the response on my talk page. I was concerned that perhaps if the country hadn't "officially" been declared bankrupt perhaps it shouldn't be listed. I see now that it's not quite so black-and-white. Cheers --AbsolutDan (talk) 13:07, 1 February 2009 (UTC)
 * Iceland, as a state, is meeting all its obligations so it's not bankrupt. 66.117.142.227 (talk) 03:50, 5 April 2009 (UTC)

US
http://www.leap2020.eu/GEAB-N-34-is-available!-Summer-2009-The-international-monetary-system-s-breakdown-is-underway_a3129.html

interesting sources cited for the claim --Stefanbcn (talk) 09:11, 3 May 2009 (UTC)

"bankruptcy"
Technically a country cannot go bankrupt. Bankruptcy is a formal part of civil law which involves the courts to decide how the bankrupt entity will be managed. The idea that a state is "sovereign" precludes any higher authority managing its affairs. The term used in English for total or partial default or other avoidance of debt obligations of nations is "sovereign default". See Reinhart, Carmen M.; Rogoff, Kenneth S. (2009). This time is different: Eight Centuries of Financial Folly Princeton University Press. ISBN 0691142165.Skmacksler (talk) 19:33, 31 October 2011 (UTC)

combining articles
These two articles are talking about the same thing, but a lot of editing would be needed to combine them.Skmacksler (talk) 19:33, 31 October 2011 (UTC)