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  Reply # 1300097 7-May-2015 19:25
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heylinb4nz:

If that's the case our government should be looking to get out of bed with international banks and focus on maximizing our trading with China and other countries, there should be no need to borrow money.


What?

There is a big difference between operating and capital, and it's not actually the government that trades with China.

The government needs to get the budget back into surplus and start paying down debt, that's how to reduce its need to borrow.

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  Reply # 1300099 7-May-2015 19:36
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considering how many billions of dollars have been dumped in chch, the fact that our deficit is only under a billion bucks is pretty good ... is it?




Swype on iOS is detrimental to accurate typing. Apologies in advance.


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