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To: Elroy Jetson who wrote (66864)8/1/2005 8:18:07 PM
From: energyplay  Respond to of 74559
 
The increase in net debt for $1 of gdp will be smaller.

Loans get bundled and sold, causing the creation of debt-asset chains, whic are then aggregated (bundled loans, securitized loans) and then separated by risk and maturity, than disaggregated to things like money market funds.

When the loan is paid off, it rolls through this chain.