Franky I am not sure why I waste my time with people sometimes. You People know we can not afford this spend, you just don't give a fuck anymore do you. Sometimes I wonder why I do.
Question for you, Charles.
To whom does the USA owe this staggering sum and where the hell did they get that much money to LEND to us in the FIRST PLACE?
Now I am informed that China owns about two trillion of our government's paper...so there's a big chunk of it, right?
Think through the accounting for a moment and ponder...the US government, and practically every other advanced industrial government on earth are in huge debts to somebody, right?
Astronomical sums, right?
Yeah, okay...where did all that money come from in the first place?
And how is it that in this world is filled with people who work and work and work, people who pay taxes to their governments, and yet still somehow almost as if by magic find that all their governments ( of the people) somehow owe TRILLIONS TO a class of "investors" who were kind enough to LEND US THIS TRILLIONS?!
Something just doesn't add up to me, folks.
I'll leave it to you genuises to explain to me how this shell games works.
Please tell me how it started, and how exactly such a small percentage of people in the world found they had enough resources to LEND the other 99% of us so much damned money.
All I know is that these economic titians certainly must be highly productive and thrifty people.
They somehow miraculously had enough money laying about doing nothing to lend tens of -- probably more like hundreds of TRILLIONS of -- dollars to LEND all the rest of us spendthrifts.
Now I am not a commie, neither do I believe that socialism is the answer...
But still...
..am I the ONLY person here who is having difficulty understanding where these fat cats got all the dough to LEND it to the world's governments?
So who here has got say a $1,000,000 T bill stashed away?
And for the benefit of us fools that don't, would you be kind enough to explain in some detail exactly how you made enough money to have lent it to our government?
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