• Moving towards a more enlightened treatment of bankruptcy will not be easy, particularly for poor countries with inefficient legal systems and retributive attitudes to debt.

    ECONOMIST: Schumpeter

  • But by doing this now, in addition to the fees and all the other things that seem to be punitive or retributive in nature, you're dampening what is right now a very tenuous economic situation and growth is just beginning.

    WHITEHOUSE: Press Briefing

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