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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: russwinter who wrote (26793)2/20/2005 4:25:03 PM
From: John Vosilla  Read Replies (2) of 110194
 
If the fools at the controls had just let a normal recession occur and the debt as a percentage of GDP drop back down to 240% we probably wouldn't be facing an upcoming crisis. Meanwhile we have had the greatest misallocation of capital and ever even eclipsing the late 1920's occur on these guys watch.
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