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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Hank Paulson mad a great point the other night on the C Rose program. The Chinese have such a high savings rate because they don't have a social safety net, they are on their own. So if they need money for an illness it comes outa pocket,and a SS system, without a pocketfull of Yuan its a basket in the river for you.
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"Some Observer"
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