Thursday, November 20, 2014
jamie dovolis
After reading chapter 11 I was only more intrested in learning about the mass debt that the U.S. has with china. We both need eachother for our econemys to stay heathy, a "unhealthy relationship". We owe a trillion dollers to china, yet china is also woried about it, we have the power to just print off money and cause inflation, significantly lowering the actual amount its worth. Or what if we dont pay it off at all? These extremely large money exchanging, could cause mass inflation or a crash in the econemy, but were dose it leave the citizens? What happens to the american or chiness people? Do we plumit into econmic depression from inflation, dose are money become nothing? Or should we wait, keep the status quo? There are hundreds of solutions that comes with millions of side effects and out comes.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment