NRABilly asks
15 years ago
Why is the U.S. spending money it doesn't have
latest #11
Laurshiika says
15 years ago
good question billy...lets get deeper into debt and blame it on bush like everyone loves to do
RushLifeguard says
15 years ago
The debt counter is negligable. It would be impossible to pay off this debt if all of the US's funds both federal and state were pooled to
RushLifeguard says
15 years ago
pay off our debt... That is if we didn't spend a single penny on any other expense for a long time.
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RushLifeguard says
15 years ago
Others countries are in debt way farther than the US and in fact I believe it is accurate to say that every country is in debt
RushLifeguard says
15 years ago
This is possibly excluding the Vatican City and other such like countries.
RushLifeguard says
15 years ago
Many countries owe the US tons of money. China owes these countries money. We owe China money. It is a giant web of disorderly investments
RushLifeguard says
15 years ago
and countries spending money they don't have. The global economy just worked out this way.
RushLifeguard says
15 years ago
Everyone owes everyone money. Everyone invests and spends what they don't have. Trade and foreign investments has made the
RushLifeguard says
15 years ago
world interdependent
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