Quote:
Originally Posted by Barry-xlovecam
Don't buy US debt ...
The US can sell debt -- why? If the problem is so,so,so critical: - Why can the USA continue to sell it's debt and primarily to US private citizens and US corporations?
- Why do foreign central banks own (and continue to buy) a strong stake in the US debt?
- If our debt is so fuckin' bad why does the world buy it up?
You should try to think past silly internet charts ... |
The same reason they bought prime mortgage debts. And we all know how that ended.
It all goes well, like a train until it hits the wall. The trick is jumping ship before it hits the wall.