#11. Posted:
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Motto: Be Kind.
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The United States will never have to pay back it's debts back even if it were asked to.
The United States is the most influential and largest economy in the world. U.S. corporations play a major role on the global stage, with more than a fifth of companies on the Fortune Global 500 coming from the United States. I don't think any country will be "demanding" their money back anytime soon. |
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#12. Posted:
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| Our country has been in debt since we all have been born, you really think we are gonna get out of this hole while we are still alive?? |
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#13. Posted:
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Motto: Read ( The Four Agreements ) , Don't stop educating yourself.
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Ethan wrote The United States will never have to pay back it's debts back even if it were asked to.you in down trillions of dollars either |
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#14. Posted:
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| All of these answers are interesting thoughts, but I still feel that we'll have to repay debts eventually. May not be true, but kinda fun to think about. War, treaties, depressions, chaos. |
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#15. Posted:
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There is only a small handful of countries (I think like 5?) that aren't in debt. Basically all that happens is say China asks for their money back, we'll give them the money back and borrow it from Australia who will borrow it from Japan and England and it keeps going down the line. Not saying those are the countries but you get the idea, we'll just borrow from other countries who will in turn borrow from other countries.
Basically it's like taking out a loan to pay your credit card debt, you still owe the money but now you owe someone else. |
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#16. Posted:
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ZeroTwo wrote I think if that were happen they would print more money, probably put taxes on everything. In my state tax is 9 cents on a dollar. Doesn't matter what we buy... printing more money is never a good idea, thats how you get hyper inflation and the value of the $ would be next to nothing. The debt will probably keep rising but if they ever need to pay any of it back they will most likely have to sell assets. |
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Maze wrote We got big guns and big bombs we goodi thought the us had big guns and no bombs, i was always taught that nk had the big bombs |
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#18. Posted:
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Mario350 wroteyou are far from correct there my man we have the 2nd most nuclear weapons.Maze wrote We got big guns and big bombs we goodi thought the us had big guns and no bombs, i was always taught that nk had the big bombs |
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