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| This is a stupid question, but how do we pay China back? Posted by bartman217 If we were to start paying them back, how do we do it? With cash or gold?  on 1/31 at 12:30 pmSorry for the stupid question, but just wondering how it actually works. Reply • Back to Top |
| IOU's Reply • Back to Top |
| in Zimbabwe dollars. It's gonna take a LOOOOOOng time Reply • Back to Top |
| They own Treasury Notes, Bonds, Bills. They get paid back like any other holder.....from additional borrowed funds  Reply • Back to Top |
| You just pay them back like we do now (and every other debt holder). As the treasury notes mature you pay them back. Reply • Back to Top |
Posted by WildTchoupitoulas on 1/31 at 12:38 pm to bartman217 War.Reply • Back to Top |
| We don't answer the phone when they start calling. And when they send someone knocking, we answer with big arse guns. ????? Profit. Reply • Back to Top |
| With those giant checks they give out for contests. Reply • Back to Top |
| Used teenage girl's panties. Wait, that's Japan.  I don't know.Reply • Back to Top |
| See the printing more money thread for your answer. Reply • Back to Top |
| With inflated dollars Reply • Back to Top |
| from electronic currency. we don't even need to waste ink anymore Reply • Back to Top |
quote:  Reply • Back to Top |
quote: And pit bulls, don't forget the pit bulls. Reply • Back to Top |
Posted by accnodefense on 1/31 at 12:57 pm to tigeraddict according to leftists china doesn't even hold hardly any of our debt its like what my uncle used to say. "a fool in the bed, a tool in the shed, a dollar to save, a funny guy named dave" Reply • Back to Top |
| When you say "we," you might be referring to a lot of different parties. Government: "We'll pay for it with 'revenue,' of course!" Working Americans who pay federal income taxes: "Well, I guess I'll retire when I'm 90." Americans who pay no federal income taxes: "China? Like the wrestler girl? Hey when's Catfish on tonight?" Reply • Back to Top |
| What do we owe China? About 1 trillion? Reply • Back to Top |
quote: China owns about 1/16 of our debt. Reply • Back to Top |
| I believe that the biggest chunk of debt is intra-governmental. Reply • Back to Top |
quote: Right, we own about 4 trillion to ourselves. Reply • Back to Top • Refresh |
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