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Quite, that debt has to be restructured in the old fashioned way, through bankruptcy, to remove the private debt service burden which is bogging down the economy.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Sun Feb 27th, 2011 at 12:52:07 PM EST
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