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To: Kaslin
Recession is the wrong word
Financial Collapse is more Correct

BTW, when GDP / M2 drops < 1 it is game over for Capitalism


6 posted on 12/09/2012 7:33:28 AM PST by HangnJudge
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To: HangnJudge

Why is sucking money out of the private economy by cutting spending recessionary, but sucking money out of the private economy by government borrowing stimulative?


12 posted on 12/09/2012 7:36:57 AM PST by csmusaret (I will give Obama credit for one thing- he is living proof that familiarity breeds contempt.)
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To: HangnJudge

“when GDP / M2 drops < 1 it is game over for Capitalism”

Please elaborate.


66 posted on 12/09/2012 11:21:40 AM PST by ctdonath2 ($1 meals: http://abuckaplate.blogspot.com)
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