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Old 02-18-2009, 01:13 PM   #117 (permalink)
sleepy jack
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Bonds are all traded on secondary markets, meaning that whoever we sell them to initially will move it around for short term gain but eventually give it to a country like China or Japan who is already very wealthy off of American debt. Which isn't a bad thing, I already explained how these bonds can actually be beneficial to the countries were most deeply in debt to. They wouldn't continue buying bonds just to be nice you know.
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