Doug Henwood wrote:
> But the U.S. has been financing its deficits with
> considerable freedom for decades; you don't get a net debt position
> of 22% of GDP in your own currency without some indulgence coming
> from your creditors.
>
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Michael Perelman Economics Department California State University michael at ecst.csuchico.edu Chico, CA 95929 530-898-5321 fax 530-898-5901