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

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To: KyrosL who wrote (76504)12/23/2006 2:21:32 PM
From: GST  Read Replies (2) of 110194
 
The article you posted is the strongest counter to the bond bubble thesis -- it basically argues that the current account deficit is secondary in an otherwise win-win situation where we move up the ladder. The problem I have with it is perhaps similar in some ways to your concerns -- we are not leading the world in education and may soon lose our innovation edge.
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