Debt Celling - Your Opinions
Posted: Sun Jul 31, 2011 11:25 am
Just want to know some people's opinions on the Debt Celling, and what people think would happen if we default. WWIII anyone? Lol... I hope not.
https://www.minerealm.com/community/
https://www.minerealm.com/community/viewtopic.php?f=12&t=2377
Kress_91 wrote:LolcanadaYes Canada.
Intelli wrote:So wait, you support exporting our jobs, and giving China our fortune?! I mean, I understand we need to pay them, but join their side?! THAT IS INSANE!Kress_91 wrote:LolcanadaYes Canada.
We will ensure that China gets paid. Mhm.
catsfuzz wrote:Our = America's?Intelli wrote:So wait, you support exporting our jobs, and giving China our fortune?! I mean, I understand we need to pay them, but join their side?! THAT IS INSANE!Kress_91 wrote:LolcanadaYes Canada.
We will ensure that China gets paid. Mhm.
Lol.
catsfuzz wrote:I was being kinda sarcastic but a mix of serious there. The only reason I said that would be, if we default, we stop paying China what we owe them. This would make them pretty mad. Now, if they would get mad enough, they could attack (which I doubt).You think that England has the funds to help out the USA? We have just bailed out both Ireland and Greece aswell as nearly all our own banks. England is hugely in debt already, borrowing over $700 billion a year already because our incomes don't match our spendings (<------ Democracy caused that problem, but thats something for another day).
If that happened, Brittan and probably Canada would step in and other countries might too, some aiding China. Thus WWIII...