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Old 05-06-2012, 11:09 PM   #1
dharma
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Default Is America Becoming an Anti-Risk Welfare State?

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A parallel is the way that things went wrong in Great Britain in the mid-20th century, when a combination of overseas commitments, excessive public debt, vested interests in the form of organized labor, and incompetent management and a pretty decadent ruling elite made Britain the sick man of Europe. There are some lessons there.
http://online.barrons.com/article/SB...bs_article%3D1
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