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To: energyplay who wrote (42066)11/1/2008 4:03:49 AM
From: Haim R. Branisteanu  Respond to of 219603
 
All true but the national debt is paid out of tax revenues which are part of the GDP and so are the credit card debt which is paid out of the tax free income of individuals

Therefore there is no difference IMHO in the big picture and no one guaranties that consumer debt is not in the hand of foreign entities