(April 15, 2012 at 11:22 am)darkment0r Wrote: Apparently, despite tha fact the US already being more than 14 trillion it debt, it decides to go do this...
I would like to note that after a while, the bank stops owning you and you start to own the bank.
Because China needs to keep it's currency undervalued compared to the dollar to keep it's economic growth, there is a defined interest it has in keeping the US afloat... until it can extricate itself from the debt it bought.
In any case, we're hemorrhaging money -- something's gotta give.
Slave to the Patriarchy no more
