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Deja Q (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 12:46 PM Original message |
When the economy crashes, how can the US still borrow to pay for |
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HereSince1628 (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 12:49 PM Response to Original message |
1. Does the word "pillage" come to mind? |
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Deja Q (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 07:22 PM Response to Reply #1 |
39. But as the troops can't get paid, will the troops do it for fun then? |
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Warpy (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 12:51 PM Response to Original message |
2. Nothing |
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Fovea (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 12:55 PM Response to Original message |
3. We retreat to a command economy |
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patricia92243 (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 12:58 PM Response to Original message |
4. China owns most of our debt. Whenever they choose to call in their loans, |
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barb162 (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 12:58 PM Response to Original message |
5. crawl on knees to China; they may want us to sell them Hawaii |
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notadmblnd (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 01:15 PM Response to Reply #5 |
6. I say we give them Texas |
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reichstag911 (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 01:16 PM Response to Original message |
7. They'll raise the cap. n/t |
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BiggJawn (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 01:21 PM Response to Original message |
8. You'll have your answer when a Chinese businessman shows up... |
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seventythree (904 posts) Send PM | Profile | Ignore | Sat Mar-05-05 01:35 PM Response to Reply #8 |
9. How did we get here? |
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barb162 (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 03:22 PM Response to Reply #8 |
14. Bwahahahaha. too bad this will be a true story! And we've done it to |
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HamdenRice (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 01:37 PM Response to Original message |
10. China cannot "call in" loans |
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gristy (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 01:44 PM Response to Reply #10 |
12. wow, you posted right before I did, and I hadn't read your post |
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HamdenRice (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 01:47 PM Response to Reply #12 |
13. Yes! and you mention an important point I forgot ... |
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Doctor_J (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 03:27 PM Response to Reply #10 |
15. Looting from wealthy investors? |
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barb162 (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 03:28 PM Response to Reply #10 |
16. China doesn't have to buy any more of our paper the next time we're |
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Donailin (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 03:36 PM Response to Reply #10 |
18. OK, but who would buy the us bonds that china would sell? |
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barb162 (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 04:18 PM Response to Reply #18 |
25. no one will buy the bonds. we'll crash and take along almost |
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Donailin (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 05:33 PM Response to Reply #25 |
35. but that implies that to some extent |
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HamdenRice (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 07:20 PM Response to Reply #35 |
38. Yes that's exactly what's keeping us afloat |
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Donailin (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 07:57 PM Response to Reply #38 |
40. So in conclusion |
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gristy (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 01:42 PM Response to Original message |
11. If/when the economy crashes and it becomes doubtful that the U.S. |
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DU_ONE (81 posts) Send PM | Profile | Ignore | Sat Mar-05-05 03:39 PM Response to Reply #11 |
19. THINGS SUSPECTED BUT AFRAID TO ASK! |
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DulceDecorum (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 03:47 PM Response to Reply #11 |
21. The World Bank takes over? Wolfowitz's new gig |
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barb162 (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 04:15 PM Response to Reply #21 |
23. the World Bank won't be able to do anything for this size of an |
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barb162 (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 04:19 PM Response to Reply #21 |
26. or I heard Carly Fiorina as a candidate too. Hahahahahaha |
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Dcitizen (212 posts) Send PM | Profile | Ignore | Sat Mar-05-05 03:33 PM Response to Original message |
17. Not yet |
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DU_ONE (81 posts) Send PM | Profile | Ignore | Sat Mar-05-05 03:44 PM Response to Reply #17 |
20. Dollar Anxiety: Real Reasons to Worry |
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Disfronted (100 posts) Send PM | Profile | Ignore | Sat Mar-05-05 04:04 PM Response to Reply #20 |
22. Why has Japan not crashed? |
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barb162 (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 04:16 PM Response to Reply #22 |
24. do you have the actual numbers handy on Japan... my fast |
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Disfronted (100 posts) Send PM | Profile | Ignore | Sat Mar-05-05 05:01 PM Response to Reply #24 |
30. It is 2.5x not 3x |
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BillZBubb (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 04:29 PM Response to Reply #22 |
27. Japan has one of the highest savings rates in the world. |
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Disfronted (100 posts) Send PM | Profile | Ignore | Sat Mar-05-05 04:58 PM Response to Reply #27 |
29. That make sense - edit |
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SoCalDem (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 05:09 PM Response to Reply #27 |
32. and in 98, Clinton helped them with a bail out |
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Fleshdancer (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 04:31 PM Response to Reply #22 |
28. I'm having a hard time finding national debt statistics for Japan... |
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Disfronted (100 posts) Send PM | Profile | Ignore | Sat Mar-05-05 05:08 PM Response to Reply #28 |
31. We are talking national debt here not consumer debt |
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barb162 (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 06:47 PM Response to Reply #31 |
36. see if this helps; they are making some changes |
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gristy (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 09:14 PM Response to Reply #22 |
41. My guess is that the U.S. won't "crash" |
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barb162 (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 10:32 PM Response to Reply #41 |
42. I know their real estate was deflating but I don't know if that |
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barb162 (1000+ posts) Send PM | Profile | Ignore | Sun Mar-06-05 12:57 AM Response to Reply #41 |
44. I'd say we have been stagnant the last few years.But we |
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fedsron2us (1000+ posts) Send PM | Profile | Ignore | Sun Mar-06-05 05:37 PM Response to Reply #22 |
45. Much of the debt generated by the Japanese |
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Dcitizen (212 posts) Send PM | Profile | Ignore | Sat Mar-05-05 06:53 PM Response to Reply #20 |
37. dollar's value |
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DU_ONE (81 posts) Send PM | Profile | Ignore | Sat Mar-05-05 05:11 PM Response to Original message |
33. Asian Bellagio Group $1.1 trillion of U.S. Treasuries |
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mattclearing (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 05:13 PM Response to Original message |
34. I'm not sure that anyone knows. |
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buzzard (1000+ posts) Send PM | Profile | Ignore | Sat Mar-05-05 11:48 PM Response to Reply #34 |
43. This is an interesting article from global research . |
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DU AdBot (1000+ posts) | Thu May 02nd 2024, 06:12 PM Response to Original message |
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