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Does anybody know about foreign lenders calling back loans to the US Gov't?
Submitted by BillyBoy on Sun, 09/14/2008 - 00:18
I saw it in a "gold" post, but can't find it elsewhere. I've always thought that asking for US loans to be paid would be the quickest way to sink the US. » |
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Not going to happen. The
Not going to happen. The government here as evidenced by the bailouts of bear stearns and now the new bailout of fannie and freddie ( cutsie names for ugly establishments) will absolutely screw you and I out of whatever they can so as to make payments to others in foreign countries.
No doubt about it
The world is my country, all mankind are my brethren, and to do good things is my religion. Thomas Paine Godfather of the American Revolution)
I thought we already defaulted in history (Vietnam war)?
Didn't we basically become bankrupt and screwed countries on loans during this period? How are they going to get 35k from every man, woman and child in US? They have to default at some point.
35k is only the current debt
35k is only the current debt on the books. That's based on somewhere around 10 trillion in debt.
But, I've heard and read about unfunded future liabilities mentioned being anywhere from 58 trillion up to 100 trillion. That's 6 to 10 times the debt which is currently on the books.
David Walker, the recently resigned Comptroller General of the US, stated that we had to invest something like 8 trillion dollars TODAY (well, he might have said that a year ago) in order to be able to have the money for social security, medicare and etc for the baby boomers who are retiring.
Anyhow, I think the debt obligations are much more than 35k per person.
...
yes
future obligations - absolutely
loan/ funds
IF you see a huge dump in foreign investment returns you know what i'M saying is fact.
says
foreign loans
I've been saying this all along .We are investing in foreign funds & turn around to loan ourselves our own monies, while foreigners controling these funds are scrapping off easy cream. NAT'L DEBT pays the big return to those vested in foreign funds. BIG scam circle.
says
Try Looking Here
Ron Paul War Room
http://www.ronpaulwarroom.com/
China News
http://www.chinadaily.com.cn/china/2008-09/12/content_702065...
Very scary stuff
Bill