Comment by blumkvist
12 years ago
I had the exact same feelings when I saw so many people go "They will just borrow more money" in the recent US govt. shutdown. The arrogance is unbelievable. Shows complete lack of remorse over leeching off the rest of the world.
Very disappointed in the american citizens' reaction to the catastrophic political decisions their leaders have been making for decades.
Borrowing money at interest is not leeching. That is not how macroeconomics works. Defaulting is maybe leeching.
Manipulating the defacto world currency -- that is leeching.
that was what I was referring to - leveraging the dollar's status of reserve currency. That's coming to an end for sure tho. Will laugh my ass off then at their ignorance.