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I think theory number one is most likely. Except...I think they will come up with some sort of "trillion dollar coin" thing and keep paying the bills, while devaluating the currency. This leads to massive inflation, a stagnating economy. Crime will go up. And a new show will start on TV called "Welcome Back Kotter".
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James
The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994)
Red-beard for President, 2020
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