• That something is that they write off the value of education in doing well in life.

    ECONOMIST: Poor whites

  • Moreover, if banks in the weaker eurozone countries that are already struggling to find enough capital are forced to write off even more loans they have made - something that becomes more likely if the eurozone economy falls deeper into recession - they will become weaker still, undermining confidence in the entire banking system.

    BBC: Eurozone crisis explained

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