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"So the question on my mind is: if “Thriftsville” is going to stop saving so much and start consuming more, then who will keep investing in U.S. Treasuries–i.e., lending money to “Squanderville”?"
Nov 10 15:42 pm
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All Comments by Jason Rines (iThinkBig) »Expect More Bailout Borrowing; But Who Will Do the Lending? [View article]
Why, the taxpayer of course! I don't believe we will be seeing a "New Friendlier IRS" like the late 1990's.