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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: LLCF who wrote (161290)4/22/2002 7:58:24 AM
From: orkrious  Read Replies (1) of 436258
 
This is very interesting in that the whole idea of sovereign bonds being so safe is that supposedly you can tax the population to pay them off. Economics would tell you they should default to lower taxes right???



Sorry, this went right over my head. Maybe I just need to go put the coffee on.
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