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Politics : Stop the War!

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To: Elsewhere who wrote (16873)	5/7/2003 5:47:50 PM
From: Bill Jackson	Read Replies (1) of 21614

Jochen, That is government debt. There is a large amount of private corporate debt as accounts receivable to various German companies, with German government export guarantees. In time the german government will have to pay this hidden iceberg of debt. Many countries are in this position via export guarantess/insurance from the various national governments. Bill

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