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Reader comment on: Pimco's 'Risk Avoidance'

Submitted by Joe (United States), Oct 29, 2009 13:30

The Fed may or may not default on their debt obligations but they will no doubt default on their obligations as they pertain to Soc Sec, Medicare and Medicaid which have minor unfunded liabilities of $40-$60 trillion in aggregate (as currently promised).

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