Quote:
Originally Posted by D
I once heard an economics professor say that the U.S. debt is at the very heart of our national security program... but, honestly, I forget his specific points....
Maybe it was if we owe everyone money, they're less likely to attack us.
Sounds a bit ass backwards to me.
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we owe money in a form if tbonds
trillions dollars worth of tbonds
thus countries holding your tbonds will not let these bonds go worthless