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The 'credit crunch' and how to solve it : Comments
By Kevin Cox, published 1/10/2008We have allowed banks to make loans backed by loans: it is a system with an inbuilt flaw.
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What we really need is a return to the Gold Standard, abolition of bankruptcy laws, and imprisonment for debt.
Posted by plerdsus, Thursday, 2 October 2008 12:41:39 PM
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