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Originally Posted by bkkandrew It means exactly what my point was, so there was no need to highlight it. THERE IS TOO MUCH DEBT TO FUND. |
that's exactly what I am saying, you completely missed the meaning of that section as you are demonstrating again above. The point was technical, as temporary imbalance in supply and demand for government securities. It doesn't mean at all there is too much debt to fund. These kinds of technical imbalance can happen many times, even there is no "crisis" in the background. You have no clue. As usual.