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alp227 (1000+ posts) Send PM | Profile | Ignore | Sun Aug-21-11 12:54 AM Original message |
US will never default, Vice-President Biden tells China |
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lib2DaBone (1000+ posts) Send PM | Profile | Ignore | Sun Aug-21-11 04:38 AM Response to Original message |
1. What about the $30 Trillion in Derivatives waiting to explode? |
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on point (613 posts) Send PM | Profile | Ignore | Sun Aug-21-11 05:31 AM Response to Original message |
2. Devaluation of the money IS a default. |
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MJJP21 (262 posts) Send PM | Profile | Ignore | Sun Aug-21-11 05:46 AM Response to Original message |
3. Here is why |
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Fool Count (878 posts) Send PM | Profile | Ignore | Sun Aug-21-11 07:46 AM Response to Reply #3 |
6. Technically, not all US Government obligations are in USD. |
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Ash_F (105 posts) Send PM | Profile | Ignore | Sun Aug-21-11 06:36 AM Response to Original message |
4. He then added "please don't beat me! :(" |
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elocs (1000+ posts) Send PM | Profile | Ignore | Sun Aug-21-11 07:45 AM Response to Original message |
5. No China, you'll get your money even if we have to screw over poor & senior citizen Americans |
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russspeakeasy (1000+ posts) Send PM | Profile | Ignore | Sun Aug-21-11 08:19 AM Response to Original message |
7. Biden says a lot of stupid things.. |
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DU AdBot (1000+ posts) | Tue May 07th 2024, 08:27 AM Response to Original message |
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