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A comment on Puerto Rico files for biggest ever U.S. local government bankruptcy. Parent comment

Re:Puerto Rico files for biggest ever U.S. local government ... by Ericson2314 on Wednesday May 03, 2017 @06:23PM (#14260767)
In the case of greeece the austerity is far worse than the debt. In America you have to wonder how bailing out the home morgages themselves (including hypothetical haircuts) would have compared in cost and economic effects to bailing out the banks.
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