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Monday, April 8, 2013

SPENGLER : Coming 'crash' will end in a snooze

SPENGLER : Coming 'crash' will end in a snooze: No trade has lost more money for more people than the Japanese government debt crash that never happened. Likewise, as alarm bells ring over America's burgeoning public debt, nothing is going to crash there. The Japanese experience shows the big sleep can continue for a remarkably long time - and unlike Japan, the US is not about to run out of savers anytime soon. (Apr 8, '13)

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