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RE: Quadrillion Dollars of Debt to Send the World into Economic Oblivion
The problems will start after interests have been raised. In the us this has been happening, in eu not yet (just got confirmation that it will be another whole year before anything might change). Once low interest debt has to be refinanced at higher rates, that's when the trouble will come. I myself intend to go on a great buying spree than
Yeah, tighten the belt and watch the life get squeezed out :P