And the best part of it is that we're holding a bunch of other countries economic hostage with our debt. China would love to stop buying US bonds, but they fuel our debt, so they can't stop or the U.S. inlfation rate would rocket, the value of the dollar would plummet, and all that debt they bought would end up worth a lot less than it is worth today. Beautiful!
You know what they say, if you owe the bank a million dollars, you are in trouble, but if you owe the bank a billion dollars, the bank is in trouble. The U.S. owes China a lot more than a billion dollars. >sixty godzillion > >On 2/9/06, Vivec <[EMAIL PROTECTED]> wrote: >> Oh and btw..just how much debt is the US in right now? ;-) >> >> ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Message: http://www.houseoffusion.com/lists.cfm/link=i:5:196593 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
