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A comment on Dalio, Biggest Hedge Fund Manager: "developed world has reached its debt limit". Parent comment

Re:Dalio, Biggest Hedge Fund Manager: "developed world has r... by billybob on Monday October 24, 2011 @11:59AM (#3150145)
I think this is a very concise way of putting it. This is essentially why I don't think further stimulus or monetary policy tweaking is going to help us.

We have gotten drunk on overspending. Drinking more won't remove the hangover. We just have to sober up and wait.

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Re:Dalio, Biggest Hedge Fund Manager: "developed world has r... by khafra on Monday October 24, 2011 @03:01PM (#3151010)
Every time I hear the inebriation metaphor applied to monetary policy, it makes me want a drink.
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