title>Tax Guru-Ker$tetter Letter Wizard Animation


Tax Guru-Ker$tetter Letter
Monday, December 09, 2002
California Is at Fiscal Brink

The PRC on the brink of financial collapse? Deja vu. As much as a complete collapse would teach a valuable lesson to the PRC rulers, that's not likely to happen. Every ten years or so, they are in this exact same position. They survive and then continue to repeat the same mistakes. There is nothing to indicate this time will be any different than last time, or the time before that, etc.


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