southernleftylady
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Sun Jan-30-05 08:40 AM
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Prob. a stupid question... but ill ask it anyway... Where do we get all .. |
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this money from since we are in this HUGE defiect where are we getting the money from? china? told yall its a stupid question but i truely dont know :shrug:
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fasttense
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Sun Jan-30-05 08:43 AM
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1. We borrow it from other countries |
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then pay the interest for the rest of our lives, our children's lives and our grand children's lives. That's why our dollar is plummeting and inflation is coming back.
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CindyDale
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Sun Jan-30-05 08:44 AM
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Are we just going to keep printing it?
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mordarlar
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Sun Jan-30-05 08:45 AM
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3. congratulations on your pregnancy. : ) |
southernleftylady
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Sun Jan-30-05 08:47 AM
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ebayfool
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Sun Jan-30-05 09:00 AM
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5. Good ol' fashioned debt, large amounts of it are owned by China. |
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Edited on Sun Jan-30-05 09:02 AM by djmaddox1
Awww, congrats on the !
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southernleftylady
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Sun Jan-30-05 09:04 AM
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6. thanks yall :) im having my second little boy :) nt |
Peggy Day
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Sun Jan-30-05 09:12 AM
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7. what could happen if they wanted to collect now?nt |
Hollowkatt
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Sun Jan-30-05 09:31 AM
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8. We would be screwed :( |
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Theres a growing sentement that China will be dumping its dollar holdings in the near future, due to anecdotal evedence that they are selling large amounts of dollars and buying Euros with the funds so freed up. They are also seriously concidering unteathering their currency from the dollar for the enevitable crash. This is going to hurt, alot. Hang on to your hats people, this is gonna be bad :(
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lonestarnot
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Sun Jan-30-05 09:40 AM
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9. One world currency (Euro) US won't be able to buy or sell. Richies will |
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