In the case of countries such as the USSR or middle Eastern countries, was their debt erased? Or was is just handed off to the next government? And would this process be any different of countries like China or the US fell today?
Hi,
I think I have mostly answer this question in two earlier answers. One looking at what happened with the USSR's treaty obligations when it collapsed (but also mentioning it's debt) and another looking at the issue of debt and conquest more widely in history.
Feel free to ask followups if this did not cover the question entirely, or if anything was unclear.