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Michael Hudson On Why The US Risks Becoming The Next Greece
Odd Lots
The Purpose of Forgiveness and a Blanket Slate
A lot of the forbearance programs are still predicated on people eventually paying that money back. The whole point of debt relief, as you put it, is that blank slate to go back to where we were before. There's a tension between wanting to fix the system and using a big moment of change to do so.
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