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What makes me wonder about this one.... we say it was one of the main problems, but I hear Bam saying that one of the main ways we are going to recover is to get debt flowing again????
Every financial advice show I see or hear will tell you, as an individual it is best to pay only in cash, the only debt "allowed" is for your house, even a car should be paid for with saved cash!
Now the big stimulus is to get lenders lending and debtors debiting again??? I am truly concerned about this democratic 'new deal'....