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Tue 01 Jan 2011Living without banking

The majority of the population does without daily banking, mortgages, car loans, overdrafts or credit cards, yet the economy is booming. So is Argentina's cash-based example one we should be following, asks Jack Horgan-Jones

MIGUEL FELDMAN, a dentist in the wealthy Buenos Aires neighbourhood named for Argentine economist Manuel Belgrano, tells a story about helping his friend move house. He had been enlisted, along with his son, to set up the sound system.

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