8) If we are meant to be the most powerful country in the world, where do you go to borrow money, surely we have it all anyway, do we including some trillions in debt. So does some third world country really own the US then lol
I just recently (over the last 3 or so days) see a list of the money where the USA has borrowed all this money. I just happened to see it on C-Span. I think it was a list from the US treasury. I think the 2 main countries was Japan and the UK?
lol But the UK and Japan are borrowing money to, so where are they getting their money lol. There cannot be all that free flowing cash around the world lol
A lot is from private sources, banks and the like. Some less savoury than others and some controlled by people you wouldn't want to influence this or any other country.
One of the less publicized risks of the national debt is that it has a huge potential (if pehaps hypothetical) impact on national security. It seems improbable that such people or groups could use their money to bring down the USA but, to paraphrase Condi Rice, - 'who would have imagined people would hijack planes and fly them into buildings?' - we who aside from the person who wrote the memo raising just that risk and sent it to...Condi Rice.
Here is an interesting site if you are interested in following the US national debt.
http//www.brillig.com/debt_clock/
Each citizen's share of this debt is $25,268.05. As of 5 min ago.
A lot is from private sources, banks and the like. Some less savoury than others and some controlled by people you wouldn't want to influence this or any other country.
One of the less publicized risks of the national debt is that it has a huge potential (if pehaps hypothetical) impact on national security. It seems improbable that such people or groups could use their money to bring down the USA but, to paraphrase Condi Rice, - 'who would have imagined people would hijack planes and fly them into buildings?' - we who aside from the person who wrote the memo raising just that risk and sent it to...Condi Rice.
Didn't I read somewhere that a good portion of the private sources would be Saudi and middle east Oil Moguls?
A lot is from private sources, banks and the like. Some less savoury than others and some controlled by people you wouldn't want to influence this or any other country.
One of the less publicized risks of the national debt is that it has a huge potential (if pehaps hypothetical) impact on national security. It seems improbable that such people or groups could use their money to bring down the USA but, to paraphrase Condi Rice, - 'who would have imagined people would hijack planes and fly them into buildings?' - we who aside from the person who wrote the memo raising just that risk and sent it to...Condi Rice.
Didn't I read somewhere that a good portion of the private sources would be Saudi and middle east Oil Moguls?
Yep, even better, some of it comes from Osama's family. Who says Americans don't get irony :lol:
Each citizen's share of this debt is $25,268.05.
Can I put that on a credit card?
Each citizen's share of this debt is $25,268.05.
Can I put that on a credit card?
No, I believe the the protocol is to just pass the bill on to your children. if you don't have any, just drop it around to any local elementary school - you'll find someone there who'll end up having to pay it. :o
Each citizen's share of this debt is $25,268.05.
Can I put that on a credit card?
You already have, the IRS have aranged to take payments from your paycheck. :wink: