Quote:
Originally Posted by Eric
Positive things may come out of cancelling debt. It's worthwhile making the point that the economic recovery of West Germany began in the early 50s, '53 is my non-google guess, when the allies cancelled the bulk of that country's debt.
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If the Greeks get it the Spanish will want it- and the Italians, the Irish, the Portuguese etc.
Well, it's only money, I suppose the European Bank can just print some more.
Interesting to see how Berlin( sorry, Brussels) fudge their way out of this one.