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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (580023)8/14/2010 1:36:41 PM
From: combjelly  Read Replies (1) of 1571363
 
"I don't see anything wrong with that. Good savings is the foundation of consumer confidence."

To an extent. It hasn't helped the Japanese. In fact, it has made their problems worse.

"We're in a bad debt trap."

Nope. Look at bond yields. 10 year Treasuries are under 2.7%. Others are even lower. That isn't a debt trap. It is flirting with deflation, though.

Not the inflation the deficit hawks are pushing so hard. Again, just look at Japan.
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