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  • Throwing Water on a GREECE Fire – An Explosive Action

    • February 22, 2012
    • Posted by: Ted Bullen
    • Category: Banking, Economy, Government, Monetary Policy, News, Public Sector
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    It is common knowledge that if grease gets hot enough (above 600 degrees Fahrenheit,) it will catch fire.  It is also common knowledge that such a fire is best extinguished by taking measures to smother the flames, and NEVER to throw water on such a fire.  If such a mistake is made, the result is

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  • Can GDP Growth Outpace Spending in Order to Reduce the Deficit?

    • June 28, 2010
    • Posted by: Ted Bullen
    • Category: Economy, Government, News
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    No.  That means that increased taxes and austerity measures are on the horizon, though such action is beyond the policy and historical practices of our government. Yesterday, the G20 published a communiqué endorsing a goal of cutting government deficits in half by 2013 and reducing the ratio of public debt to gross domestic product by

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