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aldian159 (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 01:46 AM Original message |
Who do we exactly owe the national debt to? |
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kalashnikov (257 posts) Send PM | Profile | Ignore | Thu Nov-13-03 01:48 AM Response to Original message |
1. We owe it, as in the american people are the debtors. |
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tritsofme (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 01:52 AM Response to Reply #1 |
6. The government could also sell of some of its assets |
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dennis4868 (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 10:14 AM Response to Reply #1 |
28. I always wondered.... |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 10:16 AM Response to Reply #28 |
29. Yes, they can print money but... |
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dennis4868 (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 10:25 AM Response to Reply #29 |
31. Thanks for the explanation in... |
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Yupster (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 10:32 AM Response to Reply #28 |
34. That may be the way we ultimately pay off our debt some day |
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Brian Sweat (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 11:03 AM Response to Reply #28 |
44. Yes, this is called monetizing the national debt. |
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tritsofme (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 01:50 AM Response to Original message |
2. We owe it to bondholders and those that own US securities |
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librechik (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 11:00 AM Response to Reply #2 |
42. 40% of bonds owned by foreign banks n/t |
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Yupster (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 01:51 AM Response to Original message |
3. Has your grandma ever bought you a bond? |
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La_Serpiente (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 01:51 AM Response to Original message |
4. Good question |
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RandomUser (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 03:17 AM Response to Reply #4 |
19. How can they call the loans? |
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JackRiddler (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 09:55 AM Response to Reply #4 |
22. debt |
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wtmusic (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 01:52 AM Response to Original message |
5. Anyone who buys government bonds used to pay |
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Syrinx (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 01:59 AM Response to Original message |
7. Bonds |
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A HERETIC I AM (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 02:04 AM Response to Original message |
8. All debt is underwritten |
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TexasPatriot (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 02:13 AM Response to Reply #8 |
11. send them to this link |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 02:09 AM Response to Original message |
9. good question |
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tritsofme (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 02:12 AM Response to Reply #9 |
10. Like I said earlier, dont overlook selling government assets to pay it |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 02:23 AM Response to Reply #10 |
12. You know most "muricans are |
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tritsofme (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 02:33 AM Response to Reply #12 |
13. It would not be preferable, |
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Dogmudgeon (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 02:47 AM Response to Reply #9 |
14. Does this mean ... |
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tritsofme (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 02:52 AM Response to Reply #14 |
15. The debt ceiling for now is about $6.8 trillion |
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kalashnikov (257 posts) Send PM | Profile | Ignore | Thu Nov-13-03 02:59 AM Response to Reply #14 |
16. theres a conspiracy theory out there |
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rman (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 03:49 AM Response to Reply #16 |
20. fact is Saddam wanted to drop the dollar and use the Euro |
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DUreader (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 10:02 AM Response to Reply #20 |
24. I recall that Saddam DID switch to Euro, for oil sales at least |
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Gulf Coast J (221 posts) Send PM | Profile | Ignore | Thu Nov-13-03 10:06 AM Response to Reply #14 |
25. Would that affect bonds though? |
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RandomUser (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 03:14 AM Response to Reply #9 |
18. Can they really "call in" the debt? |
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Bandit (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 10:10 AM Response to Reply #18 |
26. You can sell your bonds at any time but suffer a penalty if before |
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RichardRay (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 10:54 AM Response to Reply #9 |
39. Bonds can't be "called in" |
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kodi (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 03:05 AM Response to Original message |
17. Saudi Arabia $1Trillion Japan 1$Trillion China 1/4 $Trillion (T bonds) |
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jonoboy (759 posts) Send PM | Profile | Ignore | Thu Nov-13-03 09:23 AM Response to Original message |
21. it's like taking out a mortgage on the farm |
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adriennel (776 posts) Send PM | Profile | Ignore | Thu Nov-13-03 09:58 AM Response to Original message |
23. ourselves! |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 10:11 AM Response to Reply #23 |
27. Not hardly ! |
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adriennel (776 posts) Send PM | Profile | Ignore | Thu Nov-13-03 10:19 AM Response to Reply #27 |
30. are you joking or serious? |
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Spazito (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 10:30 AM Response to Reply #30 |
33. Post # 9 lays out who owns the "paper" on the US debt.... |
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adriennel (776 posts) Send PM | Profile | Ignore | Thu Nov-13-03 10:48 AM Response to Reply #33 |
36. debt from others |
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Spazito (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 10:52 AM Response to Reply #36 |
37. Yes, it refers to European nations like France, etc |
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adriennel (776 posts) Send PM | Profile | Ignore | Thu Nov-13-03 10:57 AM Response to Reply #37 |
40. Thank you |
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fishnfla (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 10:28 AM Response to Original message |
32. Asia is our landlord right now |
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Beaker (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 10:42 AM Response to Reply #32 |
35. It's almost enough to make you want to keep * in the driver's seat- |
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proud patriot (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 10:52 AM Response to Original message |
38. We owe to our own Rich and Wealthy |
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RichardRay (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 10:59 AM Response to Reply #38 |
41. Or invest in a bond fund.... |
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Yupster (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 11:22 AM Response to Reply #41 |
46. And don't put |
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proud patriot (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 11:57 AM Response to Reply #46 |
49. The indepently wealthy don't think in short term High Risk ways |
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snippy (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 11:00 AM Response to Original message |
43. There are two components of the national debt. |
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progressivejazz (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 11:47 AM Response to Reply #43 |
48. Thank you, snippy. |
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info being (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 11:21 AM Response to Original message |
45. The rich, banking elite, mostly |
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info being (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 11:33 AM Response to Original message |
47. This thread really highlights the ignorace of DU |
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tabasco (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-03 12:15 PM Response to Reply #47 |
50. Actually, I think just the opposite |
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