POLITICAL WEBLOG
MY COUNTRIES DEBT
8+ Trillion Dollar Debt-When Will the Balloon Bust?
How can we continue to allow nations like China artificially hold down interest rates by buying American bonds.
Doing this while sucking American manufacturing jobs at an alarming rate. Using this to build their economy up while bringing ours down to their level.
We can only build so many strip malls and restaurants, there can only be so many government pork projects to keep this economy gonig.
Eventually if we are not a nation that produces goods that the world needs the world will no longer need us.
THEN THE BALLOON WILL BURST.
How can we continue to allow nations like China artificially hold down interest rates by buying American bonds.
Doing this while sucking American manufacturing jobs at an alarming rate. Using this to build their economy up while bringing ours down to their level.
We can only build so many strip malls and restaurants, there can only be so many government pork projects to keep this economy gonig.
Eventually if we are not a nation that produces goods that the world needs the world will no longer need us.
THEN THE BALLOON WILL BURST.
LEAVE IT TO THE CHILDREN