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ECB officials have warned for weeks that a debt restructuring would have catastrophic consequences for the euro zone

From this I conclude ECB officials believe debt that cannot be paid back will be paid back through restricting and constricting the ability to pay the debt back.

Skepticism is the first step on the road to truth. -- Denis Diderot

by ATinNM on Thu May 19th, 2011 at 11:53:18 AM EST
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24 July 2014
by dvx - Jul 23
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