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Super Moderator
Join Date: Feb 2000
Location: Naperville, IL USA
Posts: 14,979
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You've made a lot of suppositions of doom here (shocking) - but with no actual evidence of your claims.
Is consumer demand down? Lets see the data.
Is production of goods down? Lets see the data.
What we do know is that during COV the US savings rate went WAY up - and then afterwards flush with cash but restricted with supply chain issues - Supply/Demand went out of whack and are now correcting.
You say "Since they can not continually borrow to finance their activities they need to INCREASE TAX REVENUES..." Name me a time when that wasn't the case? Taxes always go up.
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Chris
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1996 993 RS Replica
2023 KTM 890 Adventure R
1971 Norton 750 Commando
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