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| Jon,
I guess we disagree whether the worst is over! It sounds like you are more well versed in all aspects of this economic crises than me. But I would just ask you a couple questions. How is the US going to fund its budget deficits? How is it going to fund the short maturities coming due? All in view that Japan, China, europe, south america, will be reducing their purchases. Do you think the a robust economy can eventually generate enough tax income? I believe we are going to have a funding crises. And the Fed will be forced to do QE massively! Their by causing big inflation and eventually a collapse.
Edited by buckeye 2/1/2010 14:06
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The US Budget in a Growing economy!!
