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#1
11-11-2007, 07:23 PM
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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 |
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#2
11-11-2007, 07:24 PM
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Re: USA scammed the world
http://forumserver.twoplustwo.com/po...Board=politics
And it's not like us citizens aren't getting scammed by it too. |
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#3
11-11-2007, 07:25 PM
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Re: USA scammed the world
Is OOT the right place for this?
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#4
11-11-2007, 07:27 PM
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Re: USA scammed the world
well, i read politics was part of it, so i thought that had enough relation to this
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#6
11-11-2007, 07:36 PM
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Re: USA scammed the world
Better scam.
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#7
11-11-2007, 07:37 PM
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Re: USA scammed the world
[ QUOTE ]
FWIW, this would be a [censored] post even if it were in the the politics forum. Which is saying a lot. [/ QUOTE ] the truth hurts sometimes |
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#8
11-11-2007, 07:38 PM
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Re: USA scammed the world
[ QUOTE ]
- 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 [/ QUOTE ] Wouldn't the simple solution be to just quick lending us anything? That's what we do with scammers in life. |
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#9
11-11-2007, 07:41 PM
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Re: USA scammed the world
[ QUOTE ]
[ QUOTE ] - 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 [/ QUOTE ] Wouldn't the simple solution be to just quick lending us anything? That's what we do with scammers in life. [/ QUOTE ] the countries lending usa money are already too deeply invested. if they d stop they wouldnt get back anything of their already borrowed money. an economic collapse here would have even more disasterous impacts. |
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