As I think through the issue of funding the rebuilding of Iraq, I think about the analogy of a bankruptcy proceeding. There is no doubt that Iraq as a country is bankrupt.
About this quote
- What does it mean?
- Funding Iraq's rebuilding is like a bankruptcy case since the country is financially broken.
- In plain terms
- Iraq is broke like a bankrupt company.
- What can you take from it?
- Treat national rebuilding like bankruptcy.
Where it applies
Putting it to work
Questions to consider
- What does bankrupt mean for a country?
- How do you rebuild?
Another view
Countries are not exactly like companies in bankruptcy.
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