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Politics : Ask Michael Burke

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To: Mike M2 who wrote (67034)	8/31/1999 3:32:00 PM
From: Joan Osland Graffius	Read Replies (1) of 132070

Mike, .. extending credit is one thing but collecting on that debt is another- that is where the deflationary tough love comes in Yes. The question is how much of the current credit is in trouble and how much of the "available credit" gets used in the future that will not collectable. We saw similar things in Japan during the bubble run. Joan

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