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Strategies & Market Trends : Waiting for the big Kahuna

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To: Skeet Shipman who wrote (50086)1/28/2001 11:51:42 PM
From: Gersh Avery  Read Replies (1) of 94695
 
Social Security inflows have to be parked somewhere.

They get parked in US debt by law.

So then every dollar of SS inflow is instantly turned into debt.

As a part of the presumption that allows these funds to be called "surplus" is that the US government will default on it's debt.

kinda funny how new meanings to words can carry so much implication.
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