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Sure! It went really good for Spain. Check https://news.ycombinator.com/item?id=6754390



Personally, I don't see a need for banks at all though. It is legalized theft and nothing more. I gave up my account at the start of the 2007 bailout and have survived just fine ever since. I have never been in debt in my life either, which I do not see as being unrelated.




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