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Economic question for Jrome or anyone else who can answer....

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virtuoso:

Hey Jrome I agree with what you are saying but what you have to recognise is that the paper system is open to great abuse. I am simply saying that if it were managed properly there would not be a problem. However the sacrificing of manufacturing has meant that china could literally plunge America into third world status tomorrow, if it began dumping all it's treasury bonds.
You move from an extremely wealthy self sufficient nation, to one which becomes dependent and you are heading for disaster.

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