posted on Jul, 6 2010 @ 11:59 AM
reply to post by Fractured.Facade
The thing about foreign held debt is that almost every nation is intertwined by debt. That is the problem with fiat currency in that you can just
print up more and give it to your friends.
Kinda sucks to be the guy who is going to be stuck paying the tab for this rocking party though. Oh wait...
Something to keep your eye on also is the value of the dollar as it plunges soon. The UN is actively calling for a change in international currency
and if that happens you will see the debt calculator go crazy as the interest rates our our bonds which support the debt skyrocket in order to secure
funds. That is the secret ticking time bomb waiting to blow in an already damaged ship called USA.