Thread: Whom do we owe?
View Single Post
Old 04-22-2009, 10:44 AM   #6 (permalink)
Baraka_Guru
warrior bodhisattva
 
Baraka_Guru's Avatar
 
Super Moderator
Location: East-central Canada
Quote:
Originally Posted by Cynosure View Post
If the U.S., for some cataclysmic reason, defaulted on its loans, what would China do?
In short, the American bond market would collapse and America would have to cut much of the military budget just to make ends meet.
__________________
Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön

Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
Baraka_Guru is offline  
 

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57