Can USA pay its highest debt in the world? (7)
Since the debt is all dollar-based the US could pay it off tomorrow just by printing up more dollars. And that's exactly what is happening. But the result is hyper-inflation and the dollar will lose all of its value long before the debt is "paid".
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carlosweb10: Globalization slogan in the countries is: "indebt today and pay tomorrow ".Whatever, the payers are the people .how about the highest debt in the world?
If the USA misses one payment of it's debt then the whole pack of cards collapses and no one will ever allow that to happen.....
And the USA can and will like all countries pay it's debts.
Just a thought though,thinking of all the countries who are in det and those countries we all gave and are giving aid to.....Who the hell do we alll owe the money to apart from each other
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The globalist (G8) powers are like a group of gunslingers drinking and gambling in a saloon.
They lost all their gold long ago, and since then they have been using hand-written I-O-U-s to "pay" their debts.
Meanwhile they're shooting up the saloon, abusing the barmaids and gunwhipping anybody who dares to challenge them.
The other gamblers and the saloon owner know that they'll never see their money.
But drunk or not, the gunslingers are still the fastest guns around, and nobody wants to have to be the one to confront them and insist that they pay up.
Their attitude is "what are you bunch of ploughboys and shopkeepers gonna do about it?"
They lost all their gold long ago, and since then they have been using hand-written I-O-U-s to "pay" their debts.
Meanwhile they're shooting up the saloon, abusing the barmaids and gunwhipping anybody who dares to challenge them.
The other gamblers and the saloon owner know that they'll never see their money.
But drunk or not, the gunslingers are still the fastest guns around, and nobody wants to have to be the one to confront them and insist that they pay up.
Their attitude is "what are you bunch of ploughboys and shopkeepers gonna do about it?"
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patmac:
And the USA can and will like all countries pay it's debts.
And the USA can and will like all countries pay it's debts.
When donkeys fly.
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RayfromUSA: When donkeys fly.
You already pay....
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carlosweb10: Globalization slogan in the countries is: "indebt today and pay tomorrow ".Whatever, the payers are the people .how about the highest debt in the world?
we have the highest debt in the world partly because, we're always bailing out other countrys, without anything in return...except some american bashing for the effort...
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I'm told China is owed a fortune by the US but if they ask for it, then the US will colapse and they will never get paid. Infact, if they stop lending, they will never get paid. Catch 22!
And they said communism would never work!
And they said communism would never work!
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31 Votes
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7 Comments
Created: Jun 2011
Last Viewed: Apr 16
Last Commented: Jun 2011
Last Voted: Jul 2017
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Can USA pay its highest debt in the world?(Vote Below)