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To: Dec31,1999
okay, at least now people are discussing more. Thank you.

Someone else mentioned the debt. Can someone tell me if being in deep national debt makes it easier for foreign countries to take ownership of American properties? Don't laugh. What are we leveraging are national debt with?
148 posted on 01/25/2004 2:19:51 PM PST by PersonalLiberties (Between Life and the Pursuit of Happiness You Need Liberty www.personalliberties.com)
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To: PersonalLiberties
"Someone else mentioned the debt. Can someone tell me if being in deep national debt makes it easier for foreign countries to take ownership of American properties? Don't laugh. What are we leveraging are national debt with?"'

depends on who is holding the debt. Japan is heavily in debt more so than the USA, but it is not in "danger" of being owned by foreigners.

159 posted on 01/25/2004 2:30:46 PM PST by lsmith1990
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To: PersonalLiberties
Can someone tell me if being in deep national debt makes it easier for foreign countries to take ownership of American properties? Don't laugh. What are we leveraging are national debt with?

We leverage our debt with faith in our government, our economy, and our ability to pay it back. Nothing more and nothing less. Just like any other country.

161 posted on 01/25/2004 2:34:12 PM PST by Dec31,1999 (Right-leaning... it has a nice ring to it.)
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