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Old 11-11-2007, 07:45 PM
bobman0330 bobman0330 is offline
Senior Member
 
Join Date: Aug 2004
Location: Billion-dollar CIA Art
Posts: 5,061
Default Re: USA scammed the world

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- 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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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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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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lol foreigners are such pigeons. keep shipping that money china!
 


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