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  • HOW IS THE US GOVERNMENT PAYING OFF THE NATIONAL DEBT

    The US government paying off the national debt by borrowing more money, and/or printing more US bonds and selling them. This is an over simplification, but when these existing US bonds come due, the US government redeems these bonds with US dollars that are raised by selling more freshly printed new...
    Posted to Economics Questions (Forum) by Gerald Spencer on Fri, Mar 12 2010
  • Re: Out of a job yet? Keep buying foreign

    Dear Peter: There is nothing more saddening or devastating than mass unemployment such as existed in countries such as Mexico or Asia in the last century. I have visited Asia several times on Business in the last part of the 20th century. Crime, family abandonment, divorce, selling your own 12 year old...
    Posted to Economics Questions (Forum) by Gerald Spencer on Tue, Feb 16 2010
  • Re: Iran can't even BUILD nuclear weapons.

    China is stepping up research of particle accelerator on its own, according to reports from the ongoing 2nd Asia Accelerator Conference. It is said that the Institute of High Energy Physics under the Chinese Academy of Sciences is making an active effort in design and research of positive-negative electron...
    Posted to Current Events (Forum) by Gerald Spencer on Mon, Feb 15 2010
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