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10commandments Final
The document summarizes Juan Enriquez's presentation on the root causes of the 2008 financial crisis and proposes 10 commandments for the first 60 days of the next US president to address the systemic debt issues facing the country. The presentation argues that over-leveraging, risky financial instruments, and excessive debt levels across government, corporations and individuals caused the crisis and that simply spending and borrowing more will not solve the problem. Drastic action is needed to cut entitlements, debt, military spending and healthcare costs in order to get US spending in line with revenues and restore fiscal responsibility.
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