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April 07, 2011

Comments

Tony Makara

The bail-outs have to stop and debt has to be allowed to die. As long as Government and others are allowed to extend debt they will always be in debt.

What is needed is legislation at EU and Nation-State level declaring certain debt to be null and void. In other words declaring the debt 'wiped', yes people will lose out, but it is the only way to bring closure to this sorry era and allow Government's the opportunity to rebuild their economies.

China and others would have to accept the situation if they want to continue to ply their trade with the West. As things stand Western economies cannot shake off the debt without self-imposed recession. Too big a price to pay to keep Chinese money-lenders happy. We have to let the debt die. We can't keep extending it.

Martin Marprelate- A Man in the Street!

I like Portugal and the Portugese but the UK should not pay a penny piece towards this bail out. We must take a stand on this and if that offends the EU, so be it. Over to you Cameron, are you a Man or a Mouse?

Jack Pershing

Not a brass razzoo should we pay. No doubt the Portugese socialists have been bribing voters with handouts they cannot afford and now expect us to pick up the tab so they can carry on. Apart from times of genuine crisis should governments spend more than they take they should be held accountable. Locked up and personal assets sequestrated. It's the only way to stop them.

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