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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (36584)7/22/2005 10:57:45 AM
From: mishedlo  Read Replies (1) of 110194
 
Question of the day, can the Perpetual Motion Machine maintain the 12-15% annualized debt growth neccessary to keep consumers in the game, and service all the old debt to boot?

It's finally starting to look unlikely.

Mish
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