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Old 04-10-2011, 02:18 PM   #6
Jim Goose
FF.Com.Au Hardcore
 
Join Date: Feb 2010
Location: Sun City, North Australis
Posts: 4,274
Default Re: Country going bankrupt - what does it mean?

What happens is that the world bank gives them huge loans and the country then belongs to the bank..... assets are sold off, gov employees sacked, money worthless....
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