when you can’t pay back a loan, the bank can take your house, if america don’t pay back China, what’ll they do?
Amadeus C asked: I understand that it is in the best interest of both nations to keep the relationship going, and that the treasury bonds which China buys are paid when they mature…
but what I can’t figure out is that does China have any collateral over the US, in case that tensions escalate and we [...]
who does the national debt is owed to?
bullet b asked: http://www.optimist123.com/optimist/2006/05/pie_chart_of_wh.html
check this site out. over 3.5 trillion debt is owned by the government. and another 2.6 trillion owned by the public so we own most of the debt of our country. i always had a question was this thing called federal national debt, is that what the people owe the government because [...]
Are Bonds Safe?
pitachips3 asked: I have always heard that U.S. Treasury bonds are the safest investments one can make. However, it seems to me that the U.S. national debt is spiraling and creditor countries like China and India are approaching the point where it is no longer necessary for them to buy U.S. debt. At [...]