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Brickbat: By Any Other Name

Reason Staff | 3.3.2014 6:00 AM


A European Union report has recommended that the word "bankruptcy" be replaced with the phrase "debt adjustment." The Directorate General for International Policies says the word carries too much stigma and makes it difficult for people to rebuild their financial reputations.

Reason Staff
PoliticsPolicyEconomicsWorldEuropean UnionBankruptcy