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- WSJ: States Slammed by Tax Shortfalls
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As we’ve been predicting for a long while…. I wrote in [Apr 25: Shoes Beginning to Fall in the States],This is a theme I have been promoting for a while, and it’s going to hit this year, next year, and 2010. Unlike the federal government who fixes all fiscal emergencies by simply printing money out of thin air or taking hat in hand to China, Middle East, or anyone who will buy our Treasuries, the states do not have that luxury….
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25 July, 2008| Fundamental Analysis |
@ 12:15
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