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Reply #25: That makes little sense. [View All]

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Frodo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-28-04 12:25 PM
Response to Reply #14
25. That makes little sense.
Equity is more endangered by a poor economy than our debt is.

You ever seen a stock that is backed by "the full faith and credit" etc???

Companies go out of business and/or lose money all the time. The US Govt NEVER defaults on it's debts.
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  -Guess Who Holds America's Debt? You'd Be Surprised Justice  Jul-28-04 07:37 AM   #0 
  - Interesting comment indeed  Frodo   Jul-28-04 07:45 AM   #1 
  - this is different from the trade deficit  Killarney   Jul-28-04 07:57 AM   #6 
     - Not really different.  Frodo   Jul-28-04 10:13 AM   #7 
        - i don't understand the economics of currency...  silverpatronus   Jul-28-04 10:35 AM   #11 
           - easy  NewJeffCT   Jul-28-04 10:51 AM   #12 
           - GDP per capita, using Purchasing Power Parity  muriel_volestrangler   Jul-28-04 11:36 AM   #21 
           - funky weights and measures  gottaB   Jul-28-04 11:54 AM   #23 
  - Don't the Saudis hold some of the debt, as well?  terrya   Jul-28-04 07:46 AM   #2 
  - Saudis - I am sure they do  Justice   Jul-28-04 07:55 AM   #4 
  - 6 to 7% They should be in the top 5 or 6 of debtholders, I imagine.  GreenPartyVoter   Jul-28-04 10:52 AM   #13 
  - I read by when the Iraq war was being cooked up.....  readmylips   Jul-28-04 07:56 AM   #5 
  - Well THAT's demonstrably untrue  Frodo   Jul-28-04 10:19 AM   #8 
     - It's demonstrably true  sangh0   Jul-28-04 11:00 AM   #17 
        - Uh huh.... AND???  Frodo   Jul-28-04 12:23 PM   #24 
  - Saudis own our equity, not our debt. They have less faith in our economy.  AP   Jul-28-04 10:52 AM   #14 
     - That makes little sense.  Frodo   Jul-28-04 12:25 PM   #25 
  - paraphrasing Crashcart Cheney:  crozet4clark   Jul-28-04 07:51 AM   #3 
  - We supposedly won the "Cold War"  oldcoot   Jul-28-04 10:23 AM   #9 
  - Somehow I remember  wabeewoman   Jul-28-04 10:31 AM   #10 
  - I find it sad and disturbing more aren't aware of this  redqueen   Jul-28-04 10:53 AM   #15 
  - tricky game with the Chinese  NewJeffCT   Jul-28-04 10:59 AM   #16 
  - should also add...  NewJeffCT   Jul-28-04 11:10 AM   #18 
  - Those Chinese men do need brides.....  realFedUp   Jul-28-04 11:23 AM   #19 
  - good one...  NewJeffCT   Jul-28-04 11:28 AM   #20 
  - Does anybody here understand banking?  info being   Jul-28-04 11:46 AM   #22 
 

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