Posted by John in La on November 28, 2015 at 08:38:04 from (96.33.136.54):
In Reply to: Re: Little known facts posted by larry@stinescorner on November 28, 2015 at 07:37:01:
Larry; The only thing that keeps the system going is that every one is in debt. If we listed the 5 countries in the world that do not have debt you would not know who they are as they are so small.
The U.S. is in debt to who? China How can that be when China is in debt also.
The thing that saves China is they have lent out more than they have borrowed. If the U.S. called in all of its loans we are really about 3 trillion in debt. The U.K. and France are in the same boat.
If all debts in the world were called in Germany and China are the two with money in their pockets.
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