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Thursday, February 19, 2004

Mises Institute Author Looks at How We're Living Beyond Our Means

Howie, thanks for the article from the Mises Institute. It caused me to start poking around in the web site.

Here's an article that presents all the data (neatly and seemingly accurately) that I've been referring to. He clearly does not think that the economy is healthy -- in fact, it is overleveraged in almost every way imaginable.

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