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Boston University Professor Laurence J. Kotlikoff doesn’t pull any punches. He recently told a Bloomberg TV audience that both the Clinton and Bush administrations suppressed evidence of our country's dire financial condition. Actually, how bad off are we? What can be done from a policy perspective? What about doubling your taxes or some combination of that and government spending cuts? What are the chances of the Federal government telling us the truth? Will the system need to break down before our financial system gets fixed? What can we as individuals do to prepare for this impending disas
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