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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: GST who wrote (66113)6/12/2007 11:31:54 AM
From: Steve Lokness  Read Replies (1) of 116555
 
GST;
most all significant price trends are influenced by global supply and demand.

What about government spending? Government spending (the employees) is a huge cost to taxpayers and soak up one heck of a lot of dollars. We know how inefficient it is, but as it has grown to such a large part of the economy, I wonder how it plays into Mish's deflationary outcome? How do you back out of the economy all of these workers and their benefits? Can't close them down and outsource.

steve
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