>
Sure, but what happens if China, India and Saudi Arabia on their turn wants to cash their loans ?>
>If the US were to default today, what would (could?) these creditors do about it?
China could stop shipping us toys.
India could stop working.
Saudi Arabia, well, um, stop shipping oil?
Of course, none of those are government companies (that I am aware of) and it was the government (I think that provided the funds), not private enterprise... I'd have to research that....
.·*´¨)
.·`TCH
(..·*
010000110101001101101000011000010111001001110000010011110111001001000010011101010111001101110100
"When the debate is lost, slander becomes the tool of the loser." - Socrates
Vita contingit, Vive cum eo. (Life Happens, Live With it.)
"Life is not measured by the number of breaths we take, but by the moments that take our breath away." -- author unknown
"De omnibus dubitandum"
