Government

50 Ways To Leave Your Lender

Interest Payable
iStockphoto.com

A song about sovereign debt, with apologies to Paul Simon


The problem is all inside your head, she said to me,
You can't pay back 200 percent of GDP,
You have to negotiate, if you want your country free,
There must be 50 ways to leave your lender.

You really don't want the IMF to intrude,
Furthermore, they'll force austerity for the interest that's accrued,
Imagine your middle class, subsisting on cat food,
There must be 50 ways to leave your lender.
Fifty ways to leave your lender.

You just stretch out the loan, Joan,
Cut the creditors' hair, Claire,
Or boost GDP, Lee,
Just listen to me.

Print more money, honey.
No need to pay back, Jack!
Structure a default, Walt.
And get yourself free.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.