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There is no one-size-fits-all solution for bad loans
How to resolve the bad loans choking the banking system is perhaps the biggest problem the Indian economy is battling at this juncture. For instance, it took General Motors and Chrysler less than two months to enter and exit bankruptcy in 2010. A large number of H1-B visa losing workers are highly qualified workers, driving them away can negatively affect future productivity gains. Ethical voting entails abiding by a group's decision with the assumption that this would generate a larger payoff than acting individually.
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