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WY, OK | Imagine if there wasn't 10+ years of free money that allowed corporations to go into endless debt and use Gvt. bailouts to buy back Stock, instead there was an actual interest rate that correlated to a market many would have been rewarded for saving/stopckpiling cash for a time just as this. Same goes for working class that would have bank accounts with cash making interest instead of no savings but a yard full of toys all with 0-3% loans on them and a fully cashed out refi house.
But remember all this debt is a good thing. | |
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