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To: GraceZ who wrote (58879)	1/17/2001 5:11:50 PM
From: KeepItSimple	Respond to of 436258

It's the american way- push debt off to future or past generations. What's wrong with that? Nobody should have to pay for anything anyway, except the third world countries that export goods to us at slave wages. GOD BLESS AMERICA! He who has the biggest and best military wins! so not only did they pay off all the debt but then they came to me for advice with what stocks to buy with the rest of the money!

To: GraceZ who wrote (58879)	1/17/2001 7:18:22 PM
From: pater tenebrarum	Read Replies (2) \| Respond to of 436258

well, at least their debt problems are solved, if more by chance than by design. the same can't be said for the average US household, where debt has now reached 108% of disposable income, an all time high. i do of course appreciate that debt is integral to the American way if you will - but it has grown too large to handle. so we have essentially the conditions in place that can be found shortly before the disinflation boom (k - wave 'autumn') turns into the deflationary debt and asset destruction bust (k -winter). the bout of inflation we have recently experienced is incidentally known as the 'false spring', a condition that was present at the end of the 1920's disinflation boom and the '80's disinflation boom in Japan as well.