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And this is difficult because some here tend to jump around: If I talk about the debts of the Irish public they talk about the banks and their creditors. If I point that the "punish the bank creditors" idea is much to late, they talk about the Irish public debt.

So its public debt now and  all public debt hold by "foreigners" - that is fellow europeans - is per se odious debt.

by IM on Sat Feb 5th, 2011 at 06:38:29 AM EST
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