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Baby Buffett: How to invest for children

Many Happy Returns

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Is There a Debt Crisis in the US?

If you are in some sort of developing country and the leader running a deficit and borrowing loads of money to siphen it off into tax havens, then obviously the countryis going to be screwed. The debt is the treasuris and it's an investible asset class, which we need. Having that risk free asset effectively under pins the global economy. A lot of the van denic spending doesn't seem to have gone the right pe.

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