The Thread About Nothing Part 179: Cash or Credit?
View Single Post
08-30-2012, 12:29 AM
Join Date: Oct 2007
Originally Posted by
China owns everything now, and we buy everything they make with money we borrowed from them and don't really have. What a convoluted mess.
Thankfully a war between the two countries is almost impossible because it would immediately sink both economies, and the world economy with them, and nobody wants that
I remember having an argument with a professor in London in 2003, who was lecturing the the Euro would mean that there would never again be a major land war in Europe, and further that those Union'ed nations will grow together in peace, with a linked economy meaning they'll all forever work "Together", because to not do so would sink all their economies. Point is, never say never, because the Euro aint looking so good, and its been less than a decade.
View Public Profile
Find More Posts by BenedictGomez