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Re: Tax Cuts!
I saw a tv prog earlier this week which explained that governments raise money on international bond markets.
The programme said that USA was in hock to China for a fantastic amount, and US living standards would plummet if China demanded it back.
It didn't go into detail about our debt, but I imagine the Saudies have lent to us on a big scale.
These massive debts must affect foreign policy don't you think?
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