Because it's money that has to be paid but has no current source of revenue to pay for it.
Foreign investors aren't bailing out of their dollar holdings because of what they are seeing TODAY . . . they're bailing out because of what they see happening TOMORROW.
82 posted on 11/02/2007 6:48:30 AM PDT by Alberta's Child
(I'm out on the outskirts of nowhere . . . with ghosts on my trail, chasing me there.)