Like a shining beacon you know the truth when you stumble across it in through the storm of facts and reports that have marked our relationship with creditors since the crisis stated four years ago. To grasp precisely where we stand on the national debt, the aberration that is the loan for Anglo and how it is constructed, this report from Kevin Barrins of Acass Consulting (and which includes my highlights) is required reading for its sheer clarity of thinking and communication. It will help you understand how much of the media debate about burning bondholders is diametrically opposite to what we should do! I recommend it highly.

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