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Strategies & Market Trends : The coming US dollar crisis
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To: Gary Mohilner who wrote (17473)2/9/2009 11:14:42 AM
From: Real Man  Read Replies (2) of 71456
 
You are right, of course, and in a fiat regime exponential growth
of debt is not a problem. It's all in the ratios: Debt to GDP,
etc. If debt grows much faster than GDP, which was the case,
that's a problem. So far US national debt grew with GDP, but
the policies imply the ratio will skyrocket now -g-
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