The editorial, “Short cuts won’t work” (March 9), says, “It is true that debt restructuring that makes a company sustainable is a good idea but using it to kick the can down the road will obviously not help.” This observation assumes that restructuring is the same as kicking the can down the road. That is not correct; they are not the same.
Kicking the can down the road means that you delay a decision in the hope that the problem or issue will go away or somebody else will make the decision later.
Restructuring means the loan is spread over
