Voters in creditor countries resent endless bail-outs; in debtor countries they resent endless belt-tightening.
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Prev: Earlier this month, the government changed some of the rules about how mortgage defaulters' debt is calculated, and how much banks can deduct from debtors paychecks.
Next: A balanced deal is more likely to be accepted by voters, in both creditor and debtor states, and to assuage markets.