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Fletcher: Investment always comes from savings

April 16, 2013
Stephen Fletcher , The Alpena News

Let's start with basic economics. The U.S. is over-spending its income to the tune of $1 trillion every year. The federal deficit equals our gross domestic product, putting us in the same economic position as PIIGSUS (Portugal, Italy, Ireland, Greece, Spain, United States).

 
 

 

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