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Central Alberta | The theme seems to be TOO MUCH DEBT. The trouble today is thanks to zirp (zero interest) asset prices have run up like crazy making fools out of those who didn't take on huge debt and they get squeezed out by BTO's and colonies. That has happened to me. Had governments in the 70's and today let interest rates be determined by the market we would not have had either the 30's crisis, the 80's crisis, or the one just getting started. | |
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