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If you can lower a persons vision rate of the debt, it is possible to flee the trap that a lot of belong to : paying forever for the interest without ever lowering the base level of their debt. Somebody else got hurt - namely, the parties who sold their stock to Sokol without use of the knowledge that Sokol would soon put Lubrizol on Warren Buffet’s shopping list. The ripple effect was obviously a devastating and lingering recession extended to corporations in virtually every industry.
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