National Debt?greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread
Some one correct me if im wrong, but isnt our national debt financed by people who buy t-bills or bonds or whatever? What happens if people ever lose confidence in our country and say they want to be cashed out now. Bank Runs? here like Russia?
-- Vic (Light_Servant@yahoo.com), August 28, 1998
Here are some perspective on what is going to happen to us:
-- Bingo (firstname.lastname@example.org), August 28, 1998.
Kinda scary. Vic
-- vic (Light_Servant@yahoo.com), August 28, 1998.
Japan holds a $trillion or so of our bonds.
-- Tom (email@example.com), September 03, 1998.