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New Much like Japan is now
debt fakery and bad loans are a huge part of the economic foundation about 6* the savings and loan debacle if not larger. With the current occupants of the Whitehouse I see taxpayer bailout, increased money supply and 70's inflation in 10 years or so.
thanx,
bill
will work for cash and other incentives [link|http://home.tampabay.rr.com/boxley/resume/Resume.html|skill set]


Opera was the television of the nineteenth century:loud, vulgar and garish with plots that could only be called infantile. "Pendergast"
New One catch
The main driver that they can use to manipulate the money supply stops working when the interest rate gets to 0%. It is at 1.5% now.

Cheers,
Ben
"Career politicians are inherently untrustworthy; if it spends its life buzzing around the outhouse, it\ufffds probably a fly."
- [link|http://www.nationalinterest.org/issues/58/Mead.html|Walter Mead]
     Okay... now... who said the ECONOMY... - (folkert) - (37)
         Shhh.... - (bepatient) - (2)
             EOY budget spending -NT - (boxley) - (1)
                 I doubt it, those number are to big for that. -NT - (folkert)
         It looks promising. - (Brandioch) - (1)
             why pay goes up - (tablizer)
         I did - (ben_tilly) - (4)
             you will not see inflation any time soon - (boxley) - (3)
                 The question that I have then... - (ben_tilly) - (2)
                     Much like Japan is now - (boxley) - (1)
                         One catch - (ben_tilly)
         Yeah that &#% Clinton and his - (Ashton) - (23)
             Must you bring up the "Bad Old Days"? - (mmoffitt)
             what surpluses? Never happened -NT - (boxley) - (21)
                 1998 and 1999, for example. - (mmoffitt) - (19)
                     Just because you can - (imric)
                     nope, ya forgot the payroll tax -NT - (boxley)
                     Not if you counted social security - (ben_tilly) - (15)
                         I'll disagree. - (Brandioch) - (3)
                             Not from a Keynesian perspective - (ChrisR) - (1)
                                 Good point. -NT - (Brandioch)
                             No - (ben_tilly)
                         Do deficits really matter when there is no chance that ... - (mmoffitt) - (10)
                             in sheer dollars its huge, as a % of GNP - (boxley)
                             Yes - (ben_tilly) - (8)
                                 Leverage - (bepatient) - (7)
                                     Nah, that's what the nukes are for. -NT - (mmoffitt) - (1)
                                         Novel approach to calculating a D/E ratio, I suppose. -NT - (bepatient)
                                     But note... - (ben_tilly) - (4)
                                         Yes. We have quite the pyramid scheme going, don't we? -NT - (mmoffitt) - (3)
                                             Think you may need to revisit some definitions. - (bepatient) - (2)
                                                 Happily I majored in Mathematics. - (mmoffitt) - (1)
                                                     Well it is! - (bepatient)
                     Moff, you have your eyes in a blender -NT - (wharris2)
                 But I got a check for $375! - (tuberculosis)
         Who? - (Silverlock) - (2)
             By the way... - (inthane-chan) - (1)
                 Re: "very strange" - (Silverlock)

Nobody has that much Schadenfreude in him.
117 ms