06-12-2010, 07:59 AM
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Too old to care
Industry Role:
Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
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Many countries are in financial problems. The banking crisis exposed them. The reasons are simple.
The country imports more than it exports.
Governments spends more than they take in.
They borrow money to fill the gap.
The days of spend now pay later are over. Unless you're China.
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