danstar25
02-14-2008, 09:25 PM
On the subject of the US borrowing money from China or Selling government bonds in the open market, I have some questions if someone could be so kind to answer or atleast point me to some sources.
When was the 1st time this happened? Where was the idea born? During some point in our governments past history was there a group of politicians sitting around discusing the deficit and one stood up and said hey, I have a great idea, lets borrow from china....
Was this something that was sent to congress and was voted on?
Someone help me understand this process please.
When was the 1st time this happened? Where was the idea born? During some point in our governments past history was there a group of politicians sitting around discusing the deficit and one stood up and said hey, I have a great idea, lets borrow from china....
Was this something that was sent to congress and was voted on?
Someone help me understand this process please.