melandrupert
WHO DO THEY OWE THE MONEY TOO!
1 Answer
melandrupert
I would like to know who do they owe the money to is it the banks!!!!
| 13 years ago. Rating: 1 | |
To whomever hold their Bonds. Anyone can buy government Bonds.
The US is on similar path that will lead us to bankruptcy, like the majority of the Socialist counties of the world, if we do not stop borrowing money to spend.
Currently the Federal government under Obama is spending an average of $4,500,000.000 A week MORE than the US Treasury takes in, it is lunacy that is devaluing the US DOLLAR.
The US is on similar path that will lead us to bankruptcy, like the majority of the Socialist counties of the world, if we do not stop borrowing money to spend.
Currently the Federal government under Obama is spending an average of $4,500,000.000 A week MORE than the US Treasury takes in, it is lunacy that is devaluing the US DOLLAR.
Jack Large thank you I know the UK its in Dept Billions I think the whole world will go like the big depression soon I hope not though thank you xx
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