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donut economy

donut economy
 n.— «Economists now refer to the US as having a “donut economy”- it is hollowed at the center, heavily reliant on cheap imports from China, excessive spending and a corrupted stock market to drive it. The US scandal has been compared to a Ponzi -funny money, chasing funny money that ultimately vaporizes.» —“World Issues: “M” is for Multilateralism; “D” is for Delusional” by Billyard Canadian Democratic Movement Apr. 10, 2008. (: Double-Tongued Dictionary)

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