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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (100716)5/22/2013 6:09:45 PM
From: bart132 Recommendations  Read Replies (3) | Respond to of 217543
 
The main point for me with Carmen Reinhart and Kenneth Rogoff’s seminal work on debt-to-GDP levels having been partly incorrect is that it makes more government spending a lot easier to defend.

And the real debt to GDP issues still remain. Here's the ratios after the error corrections - Reinhart & Rogoff's basic point about slower GDP growth as debt grows remains true.





To: John Vosilla who wrote (100716)5/23/2013 5:54:56 AM
From: golfer724 Recommendations  Respond to of 217543
 
I have lost all respect for Kudlow. What a fool. He must be getting senile.


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