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Alexis Did you go to university? <a href=" http://spaen.co.uk/cheap-viagra-online-gbp/ ">nformation about viagra and drug tests</a> It is a truism that deficit finance of government activity is not an alternative to tax finance or to supporting one form of spending by cutting back on another. It is only a means of deferring payment for government spending and, of course, because of interest on the debt, increasing the burden on taxpayers. A household or business cannot indefinitely increase its debt relative to its income without becoming insolvent, and neither can a government. There is no viable permanent option of spending without raising commensurate revenue. <a href=" http://www.nemck.cz/index.php/-54581-female-viagra-over-mxgadpz/ ">cialis levitra vs 534 7</a> The de-levering pressures will be with us for years, and governments will mix and match from the menu of options. Accordingly, periodic debt dramas and crises will not go away any time soon. Debt is simply too high and there isn&#8217;t enough economic growth to painlessly de-lever.  Each response that governments decide to adopt has different implications for us, as savers, investors, debtors, home owners, and business people (the topic of a future piece).

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