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Tim Wallace says:"My contention is that there has not been an economic recovery, just deficit spending by government to cover up failed economic policies."
Any system that allows an institution to take $1000.00 and create
$10,000.00 out of fraudulent paper is FUBAR.
What can't continue,won't continue. Yet some believe it will.
Government Spending as Percentage of GDP; Federal Deficit as Percentage of Revenue
http://globaleconomicanalysis.blogspot.com/2013/08/government-spending-as-percentage-of.html
Mish