Simple steps on the long road home
Published 31/12/2011 | 05:00
• At last this issue is coming to the surface.
Some people have suffered with the Sword of Damocles (unsustainable debt) hanging over them for over two to three years now -- I can't imagine the pressure that it puts on individuals/families.
And that is the kernel of the issue -- we moved rapidly to resolve the corporate debt burden on the banks but we adopt an ambivalent and even indifferent position when real people suffer -- truly an amazing dichotomy.