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To: SeaViewer who wrote (57522)1/12/2001 11:25:37 AM
From: pater tenebrarum  Respond to of 436258
 
that is correct, and the government keeps lying about it. especially pensioners, and other people dependent on COLA income see their purchasing power eroding at warp speed. this drives people ever deeper into debt, as they attempt to preserve their living standard. thus the private sector debt bubble keeps growing, until breaking point is reached (which may already have happened).