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Obama: Too much debt could fuel double-dip recession...

 
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NoNaYet
Seaman Recruit


Joined: 30 Oct 2004
Posts: 27
PostPosted: Wed Nov 18, 2009 4:05 pm    Post subject: Obama: Too much debt could fuel double-dip recession... Reply with quote
Does he even know what is coming out of his mouth?

"President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession."

http://www.reuters.com/article/marketsNews/idUSN188108620091118
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Me#1You#10
Site Admin


Joined: 06 May 2004
Posts: 6503
PostPosted: Wed Nov 18, 2009 4:28 pm    Post subject: Reply with quote
It doesn't take much analysis to read these tea leaves...



Be prepared for "income redistribution" the likes of which haven't been seen since 1917.
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