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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: tonto who wrote (62550)4/5/2009 10:33:31 PM
From: lorne1 Recommendation  Read Replies (2) of 224752
 
Tonto...What I fear is what happens if the USA can not repay the debts obama is accumulating..how will those who hold American debt like China be paid...I mean won't they actually own what value America and her citizens have?

The only hope I can see is that those countries that hold American debt have a vested interest in keeping the value of the US$ high so the value owed to them in American dollars is kept high also....real confusing.

Anyone here that can provide some knowledge on this stuff?
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