God's Country (N.C. Ia) | mindeere - 4/15/2014 09:43
I understand the rationing of that statement and agree 100% I'd rather own land than have money in the bank.... But, if it ever got to the dire situation that US was completely defaulted of their debts, what would the debt holders (China) take for compensation? I know its a thought that's way out in left field, but as we continue to accumulate additional debt as if it was baseball trading cards, I often wonder what would happen. I'm just a young kid. I don't understand why our elected officials continue to act like nothing will ever become of this.
Only thing our elected officials really care about is lining their own pockets BEFORE it busts. Then they'll be retiring and leaving the mess to someone else. Atleast it would appear to be this way to me anyhow. |