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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: AC Flyer who wrote (17030)3/19/2002 8:56:16 PM
From: JBTFD  Read Replies (1) of 74559
 
Well, even at $3.4 trillion, which doesnt include the IOU's to the social security trust fund or any private debt, it adds up to over $10,000 per person, rich, poor, young or old, if you take the population as 281 million.

Not a great situation, when it happens that, because of budget wranglings, the ability of the government to pay the debt service only comes into question, thus prompting O'Neil's remarks yesterday:

story.news.yahoo.com
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