Archive for the ‘Economics’ Category

How does China own our debt or loan that they can collect anytime on?

Posted in Economics on 09/18/2010 01:04 pm by
Stars and Stripes asked:


I was under the understanding that they own a large portion of our debt. And that China can call in on this note?

Thanks you guys for your time and patience. The media doesn’t quite give me the whole picture.
I understand now.

You guys are very competent in explaining.

Jeez, all that worry and concern for our country.
Sorry Darth, we are a very conservative family and are nearly done paying off our mortgage.
We are set with our retirement accounts and college for three teens are well on their way.
(The 15 year fixed)

Christine

 

What if the govt cancelled student loan debt to stimulate the economy?

Posted in Economics on 04/21/2010 03:33 am by
jd asked:


would this help? I think it would free up an extra 3-400 dollars a month for millions of people who are in their prime earning years. Agree/disagree?

Mike