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The Water Cooler
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How long until the government collapse??
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<blockquote data-quote="Werewolf" data-source="post: 1329528" data-attributes="member: 239"><p>Serious Question:</p><p> </p><p>China does own not a few US Treasury Bills and Bonds. In addition they also have lots of US currency.</p><p> </p><p>Re: the notes. What would happen if the US Government just told 'em to pack sand?</p><p> </p><p>Re: the currency - so what - they have to use it to buy US goods or the goods of other countries that will take US currency in exchange for their goods. Either way we will eventually get it back and if not who cares?</p></blockquote><p></p>
[QUOTE="Werewolf, post: 1329528, member: 239"] Serious Question: China does own not a few US Treasury Bills and Bonds. In addition they also have lots of US currency. Re: the notes. What would happen if the US Government just told 'em to pack sand? Re: the currency - so what - they have to use it to buy US goods or the goods of other countries that will take US currency in exchange for their goods. Either way we will eventually get it back and if not who cares? [/QUOTE]
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