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Default reducing the cost of labor



Too_Many_Tools wrote in article
...

Actually the United States is becoming a third world country.

Remember the housing bust?

Our assets are depreciating quickly and there really is no end in
sight.

Then consider the national debt...the United States is technically
broke at this time and is selling assets to maintain the cash flow.

Note that it is happening under a Republican Administration.

TMT

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I believe the U.S. checkbook and Visa Card is under the control of Congress
- the majority of which is Democrats.