I'd love to see them collect it if we don't want them to have it. I seem to remember many third-world countries defaulting on their debt, I don't remember us invading them to get paid back.
--- Virgil Bierschwale <[EMAIL PROTECTED]> wrote: > Me too... > I lived in debt most of my life because thats all I > knew. > > After the last 4 years, I believe cash is king and > debt is evil. > > I'd be the first person to say that no country needs > to invade us anymore, > because they probably already own us. > > Hell of a deal. > > Virgil Bierschwale > http://www.tccutlery.com > http://www.bierschwalesolutions.com > > > -----Original Message----- > From: [EMAIL PROTECTED] > [mailto:[EMAIL PROTECTED] On Behalf > Of Ricardo Aráoz > Sent: Wednesday, November 15, 2006 9:01 PM > To: ProFox Email List > Subject: Re: [OT] It's the economy, stupid > > Virgil Bierschwale wrote: > > True, but on the other hand, if we continue > sending all our work overseas, > > then we have a situation where we cannot afford > these goods, resulting in > > more and more unemployment AND less money for the > governments to spend > > because they're taking in less money which results > in less city services, > > which lowers the quality of life, etc.. > > > > Not good either and I'll be the first to admit > that I don't have a good > > answer. > > > > I wrote an article a long time ago when I was > losing everything about how > > the overseas standard of living is going up and > ours is going down and > > somewhere they will meet at a similar level, and > after thinking about it, > I > > still don't have a good answer. > > > > Virgil Bierschwale > > http://www.tccutlery.com > > http://www.bierschwalesolutions.com > > > > You should add to that the fact that USA is > indebting itself at huge > steps, whereas China is buying debt. Sooner or later > they'll collect. I > think if they are buying debt they must have an > agenda. brrrr! > > [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
