After all, many of these options are replacing unsecured debt with secured debt.

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While people free of debt can live their lives with a great deal of freedom, individuals buried under debt will find their options perpetually limited by what their budget, creditors and credit rating allow them to do.

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If it still had the escudo, Portugal may have had better options to deal with its debt problems.

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Most of the options for dealing with the debt overhang are unpalatable.

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Current options simply offer degrees, not with honours, but with debt.

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As most options traders know, the only risk associated with a bull call spread is the net debt incurred by entering the position.

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