What will China do when we default on all that money they invested in US?
Posted: under China.
Tags: Million Dollars, Money, National Debt, Population
what up buttercup asked:
We cant possibly sustain a national debt that Barry just doubled. China owns most of that debt. Some analysts estimate that the debt is 1/2 million dollars for each taxpaying household.
China could raise an army greater than the entire population of the US.
Mario
We cant possibly sustain a national debt that Barry just doubled. China owns most of that debt. Some analysts estimate that the debt is 1/2 million dollars for each taxpaying household.
China could raise an army greater than the entire population of the US.
Mario
Comments (11)
Apr 15 2009