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IPFS News Link • Economy - Economics USA

There's No Pain-Free Cure for Recession

12-30-2008 • Peter Schiff for the Wall Street Journal

It would be irresponsible in the extreme for an individual to forestall a personal recession by taking out newer, bigger loans when the old loans can't be repaid. However, this is precisely what we are planning on a national level.

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Reported By Ernest Hancock

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There's No Pain-Free Cure for Recession

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