Marcos Marado
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2011-07-12T00:31:31+0100
- Updated:
2011-07-12T00:31:31+0100
Portugal, Ireland, Iceland, Greece, Italy, Spain... How much cross debt between them do these countries have?
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Mário Valente
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2011-07-12T00:41:54+0100
http://www.nytimes.com/interactive/2010/05/02/weekinreview/02marsh.html
Hugo Monteiro
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2011-07-12T01:02:09+0100
- Updated:
2011-07-12T01:04:08+0100
http://www.eudebtwriteoff.com/
Marcos Marado
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2011-07-12T11:06:49+0100
So, what stops these countries from reducing their debt by eliminating this cross debts?
Hugo Monteiro
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2011-07-12T11:09:40+0100
Marcos... That's naive of you... :)
With cross debt elimination there's less interest involved which means someone will be making less money from the situation.
With cross debt elimination there's less interest involved which means someone will be making less money from the situation.