This (just like that shitty video) is just sensationalist fear mongering. OP is a gigantic faggot.
Name:
Anonymous2011-06-13 19:35
The collateral on government bonds is the tax payers ability to pay. The people spending the money (politicians and bureaucrats) are using the *people* as collateral.
If you don't see what's fucked up with this picture there is a little hope for you.
Name:
Anonymous2011-06-13 22:49
>>7
China holds 7% of the debt, Japan holds 6% and the UK holds 2%. Why are you hysterically howling "HURR THE END IS NIGH CHINA OWNS 100% OF OUR DEBT DURR"?