Quote:
Originally Posted by xmas13
I know it's not trade, but it's where the debt problem lies. Western Europeans and Japan also have their national debt, especially Japan but it's by far the world's largest creditor while the US is by far the world's largest debtor.
|
Ok you don't get it. Japan has a national debt also. Right so why are you talking trade when we are talking govt debt? Foreigners buy are debt for safety and all kinds of reasons but not because they trade with the federal govt.