Countries Don't Go Bankrupt "If you owe your Bank a hundred pounds, you have a problem. But if you owe your bank a million pounds, it has." - John Maynard Keynes "If you owe your bank a billion pounds everybody has a problem." - The Economist During the 1970s, Western commercial banks had loaned billions of recycled petrodollars to the developing countries, usually at variable, or floating,
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