Thursday, November 20, 2014

Kispert Kyle. Chapter 11. Question 6

As I first began to experience economical thoughts at a young teenager, I never really understood the debt we owe to China. I always thought that we simply needed money and they gave us some, like a loan. In this chapter it was interesting the way Wheelan explained the structure of the debt. The farm analogy hinted at a lot more structure to this debt than I had previously thought.

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