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Default 7 things about the economy

On Sun, 24 Jan 2010 15:02:26 -0500, "Eisboch"
wrote:


"Canuck57" wrote in message
...

Chinese are tightening their credit. I thinks Obama's problems just got
worse. Especially if China wants some of that maturing US debt paid off.



What happens if the USA just says, "No"?

Just curious.

Eisboch


actually this was discussed in milton friedman's book. he thought it
would be wonderful if other countries sent us cars, boats, food, etc.

and we sent them paper.

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