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Preparing for the Coming Economic Collapse
#60
By the way this level of debt is not unprecedented. It has happened before at higher levels (not dollar but percentage of GDP) before in our history. Yet society didn't come to a crashing halt and we transformed ourselves and moved forward. The same will happen with the current debt crisis. Will some be harmed by it? Of course they will, benefits will be cut, and hopefully what we consider what the government "owes" us will change.
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Preparing for the Coming Economic Collapse - by nky - 07-25-2011, 10:04 AM

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