Simply imbelievable....
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Wow, what is the point of all these new cities that they cannot fill? Somebody must be making some good money, maybe government subsidies? Its really beyond my knowledge. I wish the report explained why though.
All built with the interest that the US must pay on loans we can't afford as a country......the whole world is going to implode soon.....and civil unrest will be world wide. Praise the Lord and pass the amunition.
Hmmmm. That must be why interest rates are at record lows.Quote:
Originally Posted by Searay215
Maybe someone would like to acknowledge that these brand-spanking-new abandoned cities are the result of a top-down planned economy.
I am sure China is not giving us the same rate that the Feds are giving the banks and us.....Quote:
Originally Posted by ghettopalmetto
Why don't you check out the current interest rates on T-bills and find out for certain?Quote:
Originally Posted by Searay215
Well based on current information we owe them $4 Billion and at the current Tbill rate of .025 that translates in to $100 Million just in interest, paid quarterly.....FYI here is the debt clock in case you want to do some calculations yourself. Maybe some people don't think that is much, but I do.Quote:
Originally Posted by ghettopalmetto
http://www.usdebtclock.org/#
Go ahead and have the last word as I am done here...thanks for your imput.