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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Hawkmoon who wrote (5318)6/25/2001 9:12:41 PM
From: westpacific  Read Replies (2) of 74559
 
Your right, how stupid of me!

DEBT IS GOOD, we all should run our personal lives like government!!!!

The fact remains, we had an opportunity to retire the debt over the past 20 years of the long boom and we failed to do that.

We are headed down the same road as Japan and France - our debt will grow in massive amounts. The surplus projections are an absolute joke!

France, the system is bankrupt. Japan years away to dig out of hole. US just heading into that abyss - get ready for a nasty 6 to 10 year streak.

Social Security, always felt it was robbery - a government has no right to tax and force me to save. Let alone invest my hard earned money at a crappy rate of return. Social Security like many taxes is just another way to rape the hard working people of America. And in the end give them a monthly check that can hardly buy them toilet paper. Greenie and his inflation agenda is taking care of that.

West
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