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How Much Longer Must This Deleveraging Process Go On?

Hi Jeff,

The obvious answer to your question:
How Much Longer Must This De-leveraging Process Go On?

The Answer: Obviously, until our economy is de-leveraged. Until we stop lending to people that in no way can pay off their debts i.e. people/businesses that buy beyond their means. I guess they have to learn a hard lesson. Might take a long time because with this election, we might continue to give them something for nothing. Solving this debt problem with more debt. That makes a lot of sense.

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