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View Diary: WalMart, food stamps and the great disconnect (16 comments)

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  •  should be more precise (0+ / 0-)

    deficits may not matter in the shorter term in the case of the US because it has the world reserve currency. This provides a special privilege. Of course a continued debasement of the currency may lead to alternatives that take away this reserve status and then deficits definitely will matter (see Cyprus, Greece, Spain, Portugal, Argentina, Mexico ........)

    There's room at the top they're telling you still But first you must learn how to smile as you kill If you want to be like the folks on the hill

    by taonow on Tue Apr 16, 2013 at 03:50:22 AM PDT

    [ Parent ]

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