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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: GraceZ who wrote (51878)1/28/2006 6:26:21 PM
From: mishedlo  Read Replies (1) of 110194
 
Grace, this is silly, OK so it has cash value but at the end of it all, the employee is further in the hole with less discressionary spending. You make it sound as if the employee is better off in the end. This is one of the reasons for declining real wages and I think it is HUGELY understated especially for those without insurance.

Mish
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