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Today, when I tried creating a new virtual environment for a project, it failed with the following error.
I guessed that it should have something to do with replacement of setuptools with distribute recent versions of virtualenv(because it could not find easy_install executable) and since as we know that python packaging is outdated and brain dead on Linux distos(at least on Ubuntu in my case), I upgraded the virtualenv installation with following commands:
And as it turns out my guess was correct and upgrading the relevant packages fixed this problem.