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Politics : Welcome to Slider's Dugout
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To: teevee who wrote (40585)10/7/2022 10:01:23 AM
From: IC7205 Recommendations

Recommended By
Arran Yuan
fred woodall
isopatch
roguedolphin
Winfastorlose

   of 50749
 
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"There is a much greater amount of debt, junk bonds, derivatives in the system than in 2008. As interest rates increase, defaults in debt/bond markets will happen and zombie corporations and small businesses barely surviving will file bankruptcy.

Government debt servicing costs increase substantially which creates need for higher deficit spending because % of spending for debt servicing decreasing amount of budget available for spending.

On the flip side cb's may start QE to save the everything bubble once more."
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