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Comments on Hale “Bonddad” Stewart: The U.S. is Choking on Debt Financed Expansion - Business on The Huffington Post
This will be particularly fascinating for those interested in Article, debt, economics, economy, finance, money, politics, recession
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- Hale "Bonddad" Stewart: The U.S. is Choking on Debt Financed Expansion - Business on The Huffington Post
- The US economy has been sustained almost exclusively on borrowed money since 2001. There is a marked difference between economic growth & debt-induced demand. Instead of letting the market take its medicine & enter recession in 2001, the powers that be injected fiscal and monetary drugs to dull the pain and induce stock gains.
What you’re saying is accurate Bonddad, but the real question is why didn’t the Republicans let us feel the full effects of the recession in 2000 and 2001? It would be easy to point the finger at 9-11, but that’s too easy.The real reason is to hold on to power. Anyon…
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Money As Debt
http://video.google.com/videoplay?docid=-905047436 …
http://greyfalcon.net/debt.png
http://greyfalcon.net/doonsbury.png
http://greyfalcon.net/doonsbury.png
Perhaps we need to realize that paying for spending via deficit loans, costs more in the long run than simply paying tax in the first place.