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Yes it does sound familiar because it is the second time you have posted it in two days. It was drivel then and still is.
The writer's point was a recession was substantially avoided in 1987. The reason being that money was pumped in. How many times has that happened?
Isn't M3 being expanded at a 17% pa rate now?
Prop up the market, the brokers, the banks, and now possibly home owners. Of course you can - it is your money.
But the consequences are what?
Guess if American Spectator doesn't list them they don't exist.
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