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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: koan who wrote (20741)9/11/2006 4:22:25 PM
From: John McCarthy  Read Replies (1) of 78419
 
Thank you ....

>>>>>>>>>>
If we go into a recession, how high does our domestic debt rise?
>>>>>>>>>>

that's whats gonna happen .... because they ain't gonna
lower the OUTFLOW side of the equation,

usa govern't

INFLOWS - OUTFLOW = DEFICIT

in fact, if your a keynesian (spelling error) you'd make
the argument that you wouldn't want too ....

in order to hold up the employment side of the equations
which would then help the INFLOWS side of the equation
(but I know you know that)

but the problem is - this ain't 1960's and we cannot
afford these deficits .....

I wish I had the links - but Mish had some good links
detailing the correlation between housing/cars/and recessions.

I don't <remember> the details, but the answer was that
the usa was looking at a recession within 9 months (on avg)

as an aside - outside eating sales (fast food and the like)
revenues are down driving that industry NUTS right now -
and again .... fortelling of a coming recession ....

Koan - I'm just confused .... because I don't believe
the last couple of days ....

if it don't foot - it don't foot - and none of this is
footing for me ...

regards,
john
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