Maybe it boils down to…

…The U.S. has had a current account deficit for a long time and it’s very large now. As a result, countries that hold U.S. debt have developed a very strong interest in that debt maintaining its value.

But for how long? F**kin macroeconomic interventions will be our ruin one day.

So, India beat the South Africans. That should do their confidence a world of good for the Bangladesh series.

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Posted on December 2, 2004, in Uncategorized. Bookmark the permalink. Leave a comment.

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