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Check out Steve Keen's Debtwatch. He had to take a rather long walk last year on account of the government's boosts to residential real estate prices, but I think he is right on the basics, just wrong on the timing.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat May 21st, 2011 at 01:03:10 AM EST
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