View Full Version : World Debt
Doty152
10-01-2010, 01:11 PM
http://www.economiccrisisblog.com/images/Global-debt.jpg
OverkillZJ
10-01-2010, 01:18 PM
Another reason to move to Switzerland!
Doty152
10-01-2010, 01:33 PM
I just really don't like the fact that China basically owns the US, all of the money we owe them, is backed by US soil... That bugs me. A lot.
Dick.Breakey
10-04-2010, 03:49 PM
theres never been a better time to arm up
ZJ_5.2LIMITED
10-05-2010, 12:35 AM
^ this...
Doty152
10-05-2010, 12:50 AM
theres never been a better time to arm up
The day I turn 21 (well, actually, about a week after, that way I'm sober when I go to get the permits haha)
Deadman 94 xj
10-05-2010, 01:09 AM
It's difficult to compete with the labor rates of communist sweat shops. Just sayin. How many people do you know personally that work in manufactuing these days?
psychobilly
04-27-2011, 06:30 PM
interesting times were living in. Interest we owe china alone on the U.S. bonds they hold works out to about 110,000,000 a day. Were paying that right now, mostly by selling more bonds but ultimatly our tax dollars have to cover it as the bonds are backed by the governments ability to tax its people. Makes it almost feel like a snowball rolling down a hill to me.
Super Scout
04-27-2011, 10:47 PM
Very depressing stuff. This is what happens when people refuse to cut back...
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