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National Debt
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To
25/09/2006 15:54:44
General information
Forum:
Politics
Category:
Economics
Title:
Miscellaneous
Thread ID:
01157003
Message ID:
01157193
Views:
15
yes and they had to issue a press release the next day saying that it was not politically motivated, that they saw nothing wrong and people should buy US debt and that this was a one off sale.
~M

>Wasn't it earlier this year that a Japan contingent needed some cash and dumped US securities. Caused a minor sell-off. That could have escalated into something major.
>
>>8 trillion dollars – just a number with a lot of zeros at the end! It seems to grow. How do we finance our war on terrorism with Afghanistan and Iraq? Easy just let investors from other countries buy us. China is our greatest source of investment and tenth on the list is Mexico. It would seem that we are not too pushy when it comes to flexing our muscles to let some nations know who is the boss! We can be had for a price!
Go raibh maith agat

~M
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