best thing about the Americans debt is that its all going to be dumped in the chinese laps. hahahahha<quoted text>
there nothing wrong with having debt... YOU RETARD
the issue is if you can pay off that debt
China can pay their debt...
the USA cant
stupid american trash...
own a few houses... yeah right
you dont even own your own house yet... retard you still got a 25 year mortgage going on it...
and china stupidly celebrates being traded 1000s of worthless mortgages that cant be sold by the banks as backup for our debt.hahahaha
currently banks are busy bulldozing those repos that they dont want on their books anymore, so what the hell will china do with them? open 10,000 chinese laundries?