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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (65644)7/9/2006 8:42:45 AM
From: GST   of 110194
 
The proposition that adding a job in one place subtracts a job in another place is simplistic in the extreme. Our future depends on a strong Chinese economy to finance our crushing debts and to provide a market for our goods. As for taxes, if you want to have high tax receipts (aside from fixing the tax rates), you get taxation from income, and you get income from having a customer. China is one of our most important future customers. Whether we ever learn how to sell there is a matter for some concern.
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