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#11
29-07-2011, 03:35 PM
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There's many many more ... I'll keep slowly adding to them.
Sadly, our own situation seems to be following the US model. Bring back gold reserve based currencies.
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[COLOR=Black]Liberty GT Spec B tuned 240 HP & 372 Nm at the hubs.[/COLOR] "Instead of banning high performance cars - ban low performance drivers" 
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#12
01-08-2011, 10:06 AM
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Quote:
Speaking of... If the US owes $14 trillion, Australia owes $200+ billion, Europe owes shit loads. Who do they owe it all to?
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[COLOR="Gray"]550Nm off a 2L... Just wish it was in the dak dak...[/COLOR]
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#13
01-08-2011, 10:10 AM
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Quote:
 IMF, China, US Federal Reserve (Private Central Bank), etc...
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RS Liberty - Because WRX's are only good for parts...
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#14
01-08-2011, 10:16 AM
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Private banks, institutions, individuals and other governments.
Who does the USA owe their debt  Crazily companies such as General Electric and Apple have trillions of dollars in cash holdings which are MUCH larger than the US governments cash reserves.
__________________
[COLOR=Black]Liberty GT Spec B tuned 240 HP & 372 Nm at the hubs.[/COLOR] "Instead of banning high performance cars - ban low performance drivers"
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#15
01-08-2011, 10:27 AM
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Yeah was just reading how Apple has more cash than the US government.
The more I read into these things, Country X owes Country Y $1 billion, but Country Y owes Country X $1 billion elsewhere. Seems the whole world is just printing meaningless paper left right and center.
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[COLOR="Gray"]550Nm off a 2L... Just wish it was in the dak dak...[/COLOR]
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#17
01-08-2011, 10:31 AM
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^^^ So true. Every country is in as deep a shit as the country next to them. If they all just start again with a blank sheet and every country just rides it off as a bad debt we can then start again. the media won't be able to run any scare campaigns and the confidence will rise.
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"Never argue with an idiot, they will drag you down to there level and beat you with experience."
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