Mr Munday, I think that postponing paying interest might be a real possibility. I also think Westerners will have to save more as cash-strapped governments won`t even feign being able to pay for these costly social transfers. Some of the mentally-challenged posters on MMB would say all you have to do is tax the hell out the wealthy and ta da, the economy booms, heaps of cash suddenly appear and it rains Dom Perignon.
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