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Debt today is sustainable and it will remain so for a few years because as long as economic activity and employment have not recovered momentum, central banks are unlikely to do anything with their interest rates. That allows governments to keep up the fiscal support in the form of retention schemes and support to firms.

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    Who said: "In politics stupidity is not a handicap"?
    A Napoleon Bonaparte
    B Albert Einstein
    C Al Capone
    D Sigmund Freud