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90% of that WAPO article is garbage ---- corporate debt is another problem but government debt is not (Japan's government debt reached 200% of GDP) --- with interest rates so close to zero in nominal terms that they are probably negative in the long run, government borrowing can be much higher than it is even now --- _________________________________________________________ Full posting guidelines at: http://www.marxmail.org/sub.htm Set your options at: https://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com
