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Originally posted by Goedhardt
Question to anyone:
How is it that the US is in dept, China is having financial trouble, the EU (big parts of it) is in dept and even Russia is having financial trouble...
If all the big players are in debt... To who are they in dept to? Where does all the money go? Anyone?
Originally posted by MDDoxs
reply to post by loam
I smell an economic chain reaction about to occur and with a global economy rotten to the core, it won't take much for the house of cards to come crashing down.
This debt based economy was always going to eventually pop, hopefully a new system can spring forth if and when a truly devastating collapse occurs.
Made in china has become a curse.edit on 2-11-2012 by MDDoxs because: (no reason given)
Originally posted by nixie_nox
reply to post by sonnny1
I have been saying this for a year and a half now. The China buying some of US debt, was to castrate them.
Originally posted by Goedhardt
Question to anyone:
How is it that the US is in dept, China is having financial trouble, the EU (big parts of it) is in dept and even Russia is having financial trouble...
If all the big players are in debt... To who are they in dept to? Where does all the money go? Anyone?