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It wouldn't take any more parsing because we'd be used to it. Dutch doesn't have the apostrophe for the possessive (except where a word ends in a vowel, where the rule is opposite to English! At least I have a good excuse for not keeping them straight). Languages are both in writing and in speech inherently immensely ambiguous, something as trivial as whether or not the possessive has an apostrophe will never make the difference. Speakers and writers subconsciously work around it.

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