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Borrowed money to finance the Iraq War has cut our productive investment. Since taxes have been cut and other spending has increased since the beginning of the Iraq war, the war has been funded using borrowed money. A lot of Iraq-related costs have been borrowed from foreigners. The interest payments on this debt constitute a flow of funds from Americans to those foreigners who have bought our debt. You're gunna mainly see the very rich traveling abroad. That's because our money is worth so little in other countries. |
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#2
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#3
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Remember, the recent resurgence of the dollar has come primarily against European currencies and thats simply because it is becoming apparent that the European Central bank is going to have to do something soon. |
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#4
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57% of a Pound I ain't planning a trip just yet, but it's a welcomed improvement. |
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#5
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#6
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The major redistribution of wealth by a government is the precursor to failure. Dont work. |
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#7
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#8
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You cant make it happen through government. That is really the point. Scandanavia is probably a very bad example being so homogenous... as is Japan. We have a very different dynamic here. The mixing pot thing. And health care is a horribly difficult problem. If you got a plan, they need you in Washington now. People are living too damn long. Major bucks spent on older people instead of kids early on. Major research on drugs to keep people alive longer, but not necessarily help with the quality of life. I plan to off myself before this happens. |