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To: kingpins10
The US savings rate has already jumped 7% in the last 9 months, which is more than enough to replace every dime of Chinese capital we've ever imported. Like, 3 times over.

In case nobody noticed, yes that means the only underlying cause of any of our difficulties in the first place, was not saving enough. And the amounts required are extremely modest, as adjustments to everyone's finances. Most of them have in fact already occurred.

12 posted on 07/17/2009 8:48:49 AM PDT by JasonC
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To: JasonC

Your points are correct, but it’s too late. Commerce has alread been destroyed by the governments’ monetary and fiscal policies.


14 posted on 07/17/2009 9:09:16 AM PDT by kingpins10
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