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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (66119)6/12/2007 12:46:17 PM
From: GST  Respond to of 116555
 
Hi Steve -- I don't discount government spending -- on the contrary government spending is a large component of the economy. Ditto with government debt. It now costs hundreds of billions a year just to pay interest on existing government debt, never mind new debt each year.