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This is private sector predominant.
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This is "private-sector involvement" (PSI), which is code for imposing losses on Greece's private creditors.The International Monetary Fund's most recent review of the Greek economy, in December, gives an indication of the scale of the pain that these creditors need to take.
One reason for this complexity is private sector practices.
What we own is private sector banks.
The partners could be private-sector ones.
There are private-sector employers, too.
In the absence of persistent trade surpluses (we mostly run deficits), the only possible outcome of this is increased private sector debt (that's Australian businesses and households) and, if sustained, eventual private sector bankruptcy.
This is the private sector at its worst; once the contract is locked in, they become gleefully inert.
DAN MCGINN: One of the other arguments I thought he might think about is the idea that this is a private sector company right now.
This is a private sector job creation machine.
Services costs quickly add up and don't scale, but software-as-a-service does, and this is where private sector entrepreneurs are re-imagining how government works.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com