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Our Euro experts here could also describe the process - do we work through Council or Parliament, and what role does Patrick Honahan - our central bank Governor play?
The point we need to address is this: Most ordinary people think that a contract, once signed, is binding - and are not aware of the degree to which it is utterly routine in the world of high finance for debts to be restructured.
Index of Frank's Diaries
by ManfromMiddletown - Oct 20 44 comments
by gmoke - Oct 7 3 comments
by ARGeezer - Oct 7 60 comments
by DoDo - Oct 3 10 comments
by Frank Schnittger - Sep 29 19 comments
by Crazy Horse - Sep 29 25 comments
by ManfromMiddletown - Oct 2044 comments
by gmoke - Oct 73 comments
by ARGeezer - Oct 760 comments
by DoDo - Oct 310 comments
by Crazy Horse - Sep 2925 comments
by Frank Schnittger - Sep 2919 comments
by Frank Schnittger - Sep 274 comments
by Cyrille - Sep 24136 comments
by afew - Sep 2240 comments