who do we owe all this money to?
and heres a word about the germans and wheel barrels full of money. yes it did happen but has anyone here read "the rise and fall of the third reich"? if so it will explain the reason and it was pretty ingenios
basicaly after ww1 the germans were in so much debt that they would never be able to repay. when hitler took power one of the first things he did was to lower the value of the mark. by doing this no country in the world wanted to deal with that many marks so they forgave the war debt, hence ending the debt. so say that we are 9 trillion in debt and we devalue the dollar to where its only worth 1/100 of what it was that would now be 900 trillion debt. and nobody wants 900 trillion worthless dollars layin around.
yokinazu Reviewed by yokinazu on . $9,000,000,000,000 9 trillion in debt to corrupt foreign nations. The Associated Press: National Debt at Record $9 Trillion C/P The national debt has hit $9 trillion for the first time. The Treasury Department, which issues a daily accounting of the debt, said Wednesday that the debt subject to limit was at $9 trillion on Tuesday. It was $8.996 trillion on Monday. Last month, Congress passed and President Bush signed into law an increase in the government's borrowing ceiling to $9.815 trillion. It was Rating: 5