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Old 13.12.2018, 16:25
Brianzoeu Brianzoeu is offline
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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Duno about CA and AUS, but the US are financing their GDP growth by typical deficit spending, just this time they print greenbacks as if there was no tomorrow. Federal debt is going through the roof and as a result, next time the sh1t hits the fan there won't be any additional means to dampen the fall, but why would a billionaire care. Interesting times ahead.
US debt to GDP is at a high 105%, but government spending is just 38%. One thing is when you have a high debt and low credibility, another thing is when you have a high debt but owns the currency of the world.
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