Friday, September 26, 2008

The bailout MUST occur

As usual, the American idiots are missing the point of the bailout entirely(not surprising of course). They are all screaming against it all over the net. In fact the bailout has to happen, no, it MUST happen. Remember, in the last 20~ years USA has stopped being to world's lender and it has become the world's largest debtor nation. It is at the mercy of other countries some of which are not it's friends except economic partners. Yes I'm obviously talking about China of course. Yes, Japan does happen to hold the largest amount of US Treasury bonds but right after them is China. USA literally has to borrow 2.6 billion dollars daily to survive. True fact. If the bailout doesn't happen and the US banking system collapses(as it just might) then China, Japan and all those other countries will stop buying US Treasury bills and thus lending US money. Do you idiots understand what that REALLY means? The 1930's Depression will be a walk in the park in comparison.
No, I am not saying the US system of creditism is correct or good to the average American sheeple but that's all US got right now. If that system collapsed, a total chaos might insure dragging the world's economy down with it. NOBODY not even YOU American idiots would like that.

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