it's amazing. the US buys their own debt with revolving credit and moody's thinks that's okay, reaffirming a top notch AAA rating for the US
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03-09-2012, 10:46 PM #51
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China just downgrade US credit again
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03-10-2012, 07:24 AM #52
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China just downgrade US credit again
china
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03-11-2012, 07:50 AM #53
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China just downgrade US credit again
They HAVE to lend it to us or what they have will become worthless.
You owe the bank $10,000 the bank owns you.
You owe the bank $100,000,000 you own the bank..
That plus the power of fiat money...
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03-11-2012, 04:41 PM #54
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China just downgrade US credit again
They're just bitter because they don't like inflation in the US economy. The Chinese government doesn't like it when when our currency is in a possition to devalue. This is them crying about it.
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03-12-2012, 10:28 AM #55
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China just downgrade US credit again
This.
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03-12-2012, 09:27 PM #56
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China just downgrade US credit again
Owe Trillions to China?
no problem, we can just print up a trillion dollar bill!!
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03-13-2012, 10:59 PM #57
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China just downgrade US credit again
I wonder what China will do with an extra loaf of bread?
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