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In reply to the discussion: Turns Out China IS Lying About Everything [View all]nanabugg
(2,198 posts)16. So, if the folks who hold most of our debt are broke...where the hell is all the money??
When will someone ask the simple question....where is all the money. Sure there were lots of huge ponzi schemes out there but that only means someone got rich at others expense....so still...where is all the money? And why is it lying dormant and not being invested around the world? If there never was all that money, then debt doesn't matter..so lets get on with the imaginary wealth, print up some more Euros and dollars and let's get on with the good life around the world.
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Haha, you have a following. I wonder how it's done, some sort of software function? But anyway,
freshwest
Jun 2012
#32
So, if the folks who hold most of our debt are broke...where the hell is all the money??
nanabugg
Jun 2012
#16
Those trillions of foreign reserves China holds are borrowed money, not assets.
Prometheus Bound
Jun 2012
#20
I think you nailed it there. It's all fake! I have a link on that, but it's from the Onion.
freshwest
Jun 2012
#23
So 'cut spending now' to pay those investors would be a selling point to vote GOP?
freshwest
Jun 2012
#31
Dude, I am going to have to make a flow chart out of what you said. Not that I disagree, but I don't
freshwest
Jun 2012
#39
Soviet Union under Stalin had the same problems - directors lying to keep from being shot lol nt
msongs
Jun 2012
#19
The idea that the CCP was the best-est, most super-duperest capitalists that ever were didn't strike
Romulox
Jun 2012
#29
'Economy section? I don't visit such moribund places, it might be contagious.
freshwest
Jun 2012
#33