Paul53 Posted October 8, 2018 Share Posted October 8, 2018 Over the decades I've heard various things about the trillions of debt the nation has racked up. Most intriguing is that the feds fear a convention of states because an amendment requiring a balanced federal budget could result. But I digress. Is there a strategic value in having China, Russia, et al holding large amount of our I.O.U.s? Maybe a poison pill type threat; piss us off, or piss on us, and we'll declare bankruptcy which I'm guessing would have far reaching damage to the global economy? Have to admit It would be interesting to see the country with a worse credit rating than mine. Where's certified funds when I need him? Link to comment Share on other sites More sharing options...
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