If you have billions and billions of dollars coming due in a...

If you have billions and billions of dollars coming due in a country in a short period of time, and if a sense of panic develops among your creditors, so that everybody demands the money out all at once, it's almost inevitable that the debtor economy will collapse, because it won't be able to come up with that amount of money in a short period.

Jeffrey Sachs Quote About Almost, Among, Amount, Billions, Coming: If You Have Billions And...

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