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Joseph E. Gagnon

It’s Time to Pay the Piper

by macromikeJune 10, 2011

It’s no secret that the United States and other developed countries are borrowing money (issuing debt or bonds) at a rate never before seen in this generation.  In fact, it’s difficult to pick up a newspaper or browse online without hearing several opinions on “what should be done”.  Happily, most commentators agree that to continue [...]

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