Yep as it's the least obnoxious solution to America's problems.The real cause of the economic slump is the massive debt.American households today owe £13 trillion - an amount that has X4 in a generation.Take the company through CH.11, the creditors fess up their mistakes, face their losses and they fix it.They write down the loans and take the equity instead.The balance sheet is cleaned up and the company starts again.
