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Re: Austerity!
Quote:
Originally Posted by LessinSF
No, rub out the real big creditor - China.
"The solution to too much debt is more debt." Tyrone Adder Slothop.
LessinAswan, Egypt
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The problem is not too much debt, and I think it's lunacy to suggest that China is the reason that we, Europe and Japan keep protecting creditors.
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“It was fortunate that so few men acted according to moral principle, because it was so easy to get principles wrong, and a determined person acting on mistaken principles could really do some damage." - Larissa MacFarquhar
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