51.   But if margin debt, now at record levels, is so meaningless, why are so many people resorting to it?

52.   But how was the debt to be paid?

53.   But in both cases the debts are a fact of life.

54.   But many economists, inside and outside the bank and the IMF are far from convinced that the external debt is the obstacle to development that is made out.

55.   But most government debt is in dollars.

56.   But the biggest debt we owe is to the men and women who fought, bled and died in that global conflict.

57.   But there are ways to ensure the debt is not too severe.

58.   But there is a debt owed.

59.   But the IMF and other multilateral development banks have refused to copy the American plan, saying rich nations must compensate them if any debt is to be canceled.

60.   But there is so much debt being racked up.