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WARREN MOSLER: WHY WE’RE BECOMING THE NEXT JAPAN

Warren Mosler discusses the debt ceiling, the risks of the deficit, our similarities to Japan, Yen intervention, why the USA needs further tax cuts and why QE2 was destined to fail.

Part 1 – Deficits and the debt ceiling.

Part 2 – Japan’s Yen intervention and its implications.

Part 3 – Why QE2 was destined to fail.

Source: Reuters Insider

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