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<p>[QUOTE=&quot;medoraman, post: 1208413, member: 26302&quot;]Interesting read, and I really would buy it that this happens regularly for third world nations. I think almost all aid for third world nations should be small scale, direct to beneficiaries, lending and aid. Too many wars and too much corruption handles when aid is given to governments.</p><p><br /></p><p>Thanks for the post. I agree with it as well. But, (there is always a but), when most first world borrowing is done to fund social programs I do not see how is applicable to Greek, Spanish, Irish, or US debt. I just do not believe Russia or China is cajoling us to take international loans. To me, this damage is self inflicted, and reminds me tremendously of late western Roman economics. It will be up to decide if we end up like them.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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