RE: US Government reopened, for now. 10-17-2013, 07:40 AM
#11
(10-17-2013, 12:41 AM)Kinanizer Wrote: So basically our government reopened to pay the bills we owe so we don't go into a great depression. But after that's over the republicans plan to shut it down again.
Source: http://www.ijreview.com/2013/10/87594-br...ass-house/
They are not paying there bills. They voted to keep spending more and the democrats will raise the debt ceiling which republicans will fight. Were paying our bills with debt. That's like getting a credit card to pay your credit card bill. But eventually the countries(china,Japan, saudi) will stop loaning us money. The government will then default on there loans which will make the federal reserve print more money to cover there own bonds. this will cause money to become worthless. This happened to Zimbabwe and they ended up having trillion dollar bills which were equal to ten dollars. Now you can buy them as a novelty item. And i wanna say hi to w00t who will be posting below me.




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