Friday 10 December 2010

Someone forgot the poor lender in all this talk of debt forgiveness – Telegraph Blogs

Someone forgot the poor lender in all this talk of debt forgiveness – Telegraph Blogs

Since when has it been acceptable practice to run away from your debts? Well right now the idea seems to be all the rage. Eminent economists from around the world have come together to agree that that the only way out for the eurozone’s beleaguered peripheral economies is to “restructure” their debts – a polite term for default.

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