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Macro: Closer to another Great Depression than ever

3 点作者 egiva超过 13 年前

1 comment

sixtofour超过 13 年前
"Fifth, debt burdens that cannot be eased by growth, savings, or inflation must be rendered sustainable through orderly debt restructuring, debt reduction, and conversion of debt into equity. This needs to be carried out for insolvent governments, households, and financial institutions alike."<p>How do you do that for households?
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