GreyWolf |
10-22-2007 04:48 PM |
Quote:
Originally Posted by Skillz Unlimited
(Post 13271578)
He (Bush) works very closely with the international bankers. The more money he spends on the war, the more the government has to borrow from the international bankers.
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The irony is the imbecile could not get past a credit check with a real banker - they'd recommend the 'corporation' be liquidated and closed down if they saw the accounts.
Sure, it has been an issue of borrowing from eg China, Japan, Mexico and numerous other nations for years now - and even borrowing off "third world countries" - awesome. These daily borrowings are well into the billions and it's out of control and past the stage for more credit/loans.
That debt situation obviously carries other great risks in that creditor nations can change their policy and can seriously affect dollar values. Forgetting wars and political crap - this pathetic alleged fiscal policy is just not even sane. The country is no longer self-sustaining and has very little prospects - at least in the next ten years ahead.
100:1 there will be a major credit sqeeze at various levels (including internationally) in the next few years - tho it may already have started. When that rolls into full swing - it's a hell of a problem to stop, if it can even be stopped.
Personally, I support death squads for idiocy and incompetence :winkwink:
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