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To: dogbyte12
Another $87 billion + $66 billion = economic implosion. Keynesian enconomics or not this budget fallacy is about to show it's teeth. ...and the walls came tumbling down.
24 posted on 09/07/2003 6:24:25 PM PDT by Rain-maker
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To: Rain-maker
That’s and interesting graph, but I disagree with your negative prediction. Actually, that’s about where we are with our dept/mortgage to income ratio =3/1. We’re pretty typical and pretty secure.

Also, I’d like to see that graph adjusted for the cost of maintaining that dept. After all isn’t that the danger, not the amount of dept but the cost?

189 posted on 09/08/2003 5:06:14 AM PDT by boingo_temp
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