Quote:
Originally posted by Webby
BigFish:
The "objective fact" is the US is owned to a large degree by other nations and is indebted to them to the tune of $44,200 billion - or was up to last year and is definately much more now. The equation was that this amounted to 94% of all US homes and assets within them. By now, I'd reckon every homeowner in the US is technically bankrupt to the outide world.
On the companies you mention - they are not "US owned" - what gives you that idea?? Some were originated in the US. VISA is not a US owned entity - it is owned by the 6 or 8 global banking regions. Paypal is "owned" by their bankers - and who are they?? Guess!! Who is going to "own" the largest segment of Google?? Guess!!
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That's your obective fact? You're saying if the U.S. defaults on the debt, then the other countries will just take over the U.S.?? Are you kidding? On the other companies, THEY ARE U.S. owned. You need to differentiate between DEBT, CAPITAL, and EQUITY. And what do you mean some originated in the U.S. All of them orginated here kid.