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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Gotham Guru who wrote (50303)1/19/2006 5:24:58 PM
From: Mike Johnston  Read Replies (1) of 110194
 
GWB and AG have put the economy in a death spiral.
Higher bankruptcy rates are caused by millions of people who can't pay their bills due to rapidly increasing cost of living (inflation)

Future bankruptcy rates will increase once those that bought overpriced homes with $0 down return the keys to the lender.
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