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Fred A. Kingery's blog

U.S. resembles a subprime borrower: The Great American Debt Roll

Financial markets function to discount the future. Usually, by the time you read about something in the newspaper, financial market pricing has already “discounted” that event weeks, months, or perhaps even years before it hits the front page and becomes evident to everyone else.

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Opinion

“... if we come to see ourselves as meat, then meat we shall become.” — Leon Kass, M.D., “Toward a More Natural Science”