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— Peter Kropotkin"The immense and ever increasing sums which the state wrings from the people are never enough for it; it mortgages the income of future generations, and steers resolutely toward bankruptcy."
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Catholic dioceses typically spent hundreds of thousands of dollars recklessly, then filed for bankruptcy. The goal was to avoid the money going to the hands of victims of predator priests.
— Dan Rather
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Bankruptcies of governments have, on the whole, done less harm to mankind than their ability to raise loans.
— R. H. Tawney
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