If a) ∃ capital glut b) private creditors took a 75% Greek debt writedown c) EC/IMF won't, why can't a PE firm cartel "take Greece private"?
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I mean, Apple buying Greece is silly, but $280-300B isn't that huge that a PE cartel couldn't finance a serious fixer-upper buy, right?
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This is how we get to the world order described in Snow Crash.
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He calms down with the stylistic flourishes pretty soon! Hang in there.
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