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Old 11-11-2007, 07:23 PM
donkeykong2 donkeykong2 is offline
Senior Member
 
Join Date: Jan 2007
Posts: 970
Default USA scammed the world

- borrow tons of money from foreigners, issueing bonds
- amount of money is now really big, so tough to repay the debt

-> make dollar lose value rapidly
-> debts to repay are worth nothing if expressed in goods
-> debts worthless

- successfully lived on the cost of others for years