(26) Can the US dominate the global financial system forever? | Bottom Line - YouTube

(26) Can the US dominate the global financial system forever? | Bottom Line - YouTube



they are finding it extremely difficult t pay the interest never mind the principal. It doesn't matter how much they borrow, as long as borrowing ain't stopped!!

let's look at it, as I have posted a few times before...........

you borrow a dollar called the principal, to pay it back plus interest. 

BUT YOU HAVE BORROWED A DOLLAR TODAY and you ain't never gonna repay it. are you??

that borrowed dollar becomes free to spend and stimulate an economy, increase wages, increase spending and tax revenue to repay loan.  this is the theory.

however, do you make 'guns or butter?. USA started making guns, planes, ships, and bullets which they can't sell for a cash return. Sure, they can have future uranium, if the build the mine and so on. there are no jungle bunnies in charge of small countries these days, they are business school graduates.They deal like sun tzu with what they got and what others want.

No more giant military radar set ups which one African country received in return for having their assets sold off. Radar is great, safe, blah blah. there is one flight daily in the whole country and no military flights.

money 'bought' today, will never be paid back by any government and most borrow too.  somebody must either be making money or just printing it.