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Re:Puerto Rico files for biggest ever U.S. local government ... by throwaway2048 on Thursday May 04, 2017 @01:18AM (#14262608)
Being stuck with crippling debt that destroys GDP faster than it can be repaid (leading to a deflationary spiral that makes it impossible to EVER pay your debt) is a massively worse alternative, which you are also stuck with the rest of your life.

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