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To: Raycpa
To worry that our creditors are foreigners is like chicken little worried about the sky falling. Hint: The risk taker in a loan is the lender, not the borrower.

"The borrower is the lender's slave." Collateral, legal leverage, and all that stuff..... Once the "trust" in the almighty dollar (which is the only thing left to back it) is ever breached, our economy will fold like a paper napkin. It not a matter of if, it's a matter of when. JMO.

40 posted on 05/10/2006 8:31:39 AM PDT by OB1kNOb (Locusts aren't the only thing that swarm across borders wreaking havoc on the invaded nation.)
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To: OB1kNOb
"The borrower is the lender's slave."

Not when the borrower has bigger guns.

41 posted on 05/10/2006 8:32:45 AM PDT by Raycpa
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