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Gold/Mining/Energy : Canadian Warrants Only
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To: koan who wrote (6740)12/29/2008 9:36:39 PM
From: maxncompany  Read Replies (1) of 23100
 
"Our debt to GDP is only 1/2 of Japans."

Yeah, but I believe that's federal govt. debt to GDP. Personal debt is way different. Japanese people have lots of savings. Americans have lots of debt. And since our economy is said to be 70% driven by consumption, it's not a pretty picture.
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