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Re: It's Your Choice, Europe: Rebel Against the Banks or A... by viandante on Tuesday December 06, 2011 @08:14AM (#3319109)
That kind of debt decrease is just another tax. A sublte one, but a tax. And if you do that, then nobody will want to borrow you money at normal interest rates. Again, Italy 80s, we did it and it did not work.

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