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Re: fuagf post# 433598

Tuesday, 07/07/2009 8:33:18 AM

Tuesday, July 07, 2009 8:33:18 AM

Post# of 495952
Foreigner's now buy most US debt--sending the interest generated overseas;so now deficits do matter...Back in the '70's most US debt was bought by Americans--so the interest generated stayed in America;so deficits did not matter as much...
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