If the US Government keeps performing expensive bailouts on yet more borrowed money (and these actions come to a point where further lending to the Federal Reserve Bank is a prohibitive venture), what happens to all that debt?
China holds a good portion of our national debt. What happens if the country goes into bankruptcy?
they only have to write off the amount
Reply:if a country goes into bankruptcy, the currency will become pieces of paper, and to the the US, that mean the American will never be able to play the currency games. That is the worst thing to the US economy, that loss means the end of the American times.
Reply:The usa can just print money PLUS they are LOANING the money and getting 11% + interest on it. If they dont let them borrow the money it would be alot worst.,
Reply:they stop sending our Macdonald's toys
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