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11-10-2008, 05:42 AM #14
Senior Member
Tax/War question
"If it was to be 100% held by Americans, who would receive the future payments of the debt??? A: Future generations Understand now???"
- i understand people living on borrowed money won't be paying it back
"Who do future generations pay? "
- thanks to the trade and budget deficits, increasingly it will be chinese, japanese, british, and arabs too...the more they are owed, the more control they have over us monetary policy
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