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To: Chuzzlewit who wrote (24202)	6/16/1998 1:53:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 95453

OT to Chuz... I read the other day that "debt" comes from the latin "he believes it". The world buys our debt because they believe we will repay it. Why? Because we have the most efficient taxation system in the world coupled with the worlds' strongest military might which, along with other factors gives us a very strong economy. When just one gear looses a tooth the whole engine will grind to a halt ala Japan. When that happens is anyones guess, but here's a quote for you, "The borrower is slave to the lender." This is not an opinion, it is fact, proved by history. Just try not paying your electric bill for a couple of months! As the worlds' largest debtor nation, our day will come when the world calls our debt due. It will be ugly.