To: Travis McGee
These countries could all too easily precipitate a run on the dollar in the current climate and bring the United States to its knees, should they decide that it is in their strategic interest to do so. They will suffer much more than us if they do this because it will be like you buy a house and then destroy it losing both of your house and your money. In addition the US can inflict much more painful economic retaliation against any of these nations than they can against us.
34 posted on
07/15/2008 8:31:50 PM PDT by
jveritas
(God Bless President Bush and our brave troops)
To: jveritas
The RE’s in Europe bought alot of our debt.
To: jveritas
the US can inflict much more painful economic retaliation against any of these nations than they can against us.Isn't it curious that the US can give dollars to just about every country in the world and at the same time they can complain about their investments in the US?
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