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Posted on 22-06-2009
Filed Under (Bankruptcy) by admin
SouthCali4LifeSD asked:
9 trillion in debt… so, what if our nation filed for bankruptcy? how would it disrupt the world economy and what would happen to us?
9 trillion in debt… so, what if our nation filed for bankruptcy? how would it disrupt the world economy and what would happen to us?
Comments
jules4128 on 24 June, 2009 at 5:30 am #
haha. yesss! ding ding ding.
jwintim on 25 June, 2009 at 5:09 am #
The debt is to pay off the money owed is never default.
The us borrows money owed is future interest payments just transfer from one group of americans to another because the us dollars unlike other countries dont die therefore there is never default.