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IMF sovereign debt tools – William Banzai at his best

If you are not familiar with the works of William Banzai, ZeroHedge contributor, then the following is a great example of his style and humour (from this article which also includes a great primer on Greek negotiating styles and techniques) :

The austerity truss as deployed by Osborne looks particularly painful and whilst I am not quite sure which bit of anatomy it is applied to I certainly would not want to find out!

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