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Keyword: dollarbubble

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  • Editorial: We are now in a massive ‘dollar bubble’ and it’s going to pop

    11/24/2012 5:33:22 PM PST · by upchuck · 183 replies
    The Tribune Papers ^ | November 10, 2010
    [Note: This editorial published on Nov 10, 2012] We are now rushing down a course that is going to create incredible economic hardships for millions of Americans. The increase in the amount of debt that has been added to our economy is astronomical. And there is no end in sight. We now have over $16 trillion of debt, and with Obama’s policies it will be almost impossible to reverse that course. Debt is the problem. Big debt is a big problem. There are only four ways to tackle it: increase taxes to bring in more dollars, reduce spending to save...