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Displaying (1) Comments | Comment on this piece | Report objectionable art
RE: Scotsman Why do you think that:What you haven’t grasped yet is that the prtiinng/default option you favor leads to the same sort of pain- it just comes in through a different door.What if:1) You smoke investors that you are gearing up to create a big project. You send China the American Flag and tell them that you will send some IMF experts to monitor their spending.2) You send some experts that will talk about some banking regulations etc.3) You tell everybody that you are ramping up spending on a temporary basis but you will be careful at some point and as IMF preaches the US will set the gold standard for spending. And then you ram like that for say 20 years. Investors will forget, China will be fine and everybody will be happy. Effectively this would be welfare at the expense of other countries like China. Is such a project feasible? Some people will say that math is math and people will demand now from the US to follow what IMF preaches. But generally you can smoke people for some time and this can be good at times. You can go thru some good times. Rate this comment: 0 0
By: | Jul 09, 2015 | Report Comment
Feb_04_no_01b
mzabor
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