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Politics : Ask Michael Burke
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To: TimF who wrote (111548)2/19/2008 2:57:03 PM
From: Freedom Fighter  Read Replies (1) of 132070
 
Tim,

The problem is that when the promises come due on the non public debt (remember that the promises are real), the cash WILL have to be raised to replace the phoney assets.

It's a timing issue.

There will come a time when we need to raise more cash than our accounting deficit.
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