practical insolvency

基本解釋

As a practical matter, given the transparent insolvency of the Soviet central government, such assistance would actually amount to providing Moscow not with American loans, but outright grants — irrecoverable gifts from the U.S. taxpayer.
CENTERFORSECURITYPOLICY: Center for Security Policy AGSCAM REDUX: WILL CCC BE ALLOWED TO WASTE MORE TAXPAYER DOLLARS PROPPING UP TYRANNY?
As a practical matter, given the transparent insolvency of the Soviet central government, such assistance would actually amount to providing Moscow not with American loans, but outright grants -- irrecoverable gifts from the U.S. taxpayer.
CENTERFORSECURITYPOLICY: Center For Security Policy