01-10-2009, 08:04 PM
Count your blessings, Potthole!! That credit didn't exist when we bought our first home! BAAH.
Ignoring the possibility that this is sarcasm:
A) We can't put that kind of faith in the Chinese. It would be a huge risk, and quite frankly very dangerous.
B) China is cutting us off. They've got their own issues right now, and they're being a little less generous, opting to use the money previously used to purchase foreign debt instead for domestic loans. The Chinese aren't going to rescue us on this one.
Quote:Actually, we could get the money in loans from China then let our grandchildren pay for it. Then we wouldn't have to raise taxes!!
Ignoring the possibility that this is sarcasm:
A) We can't put that kind of faith in the Chinese. It would be a huge risk, and quite frankly very dangerous.
B) China is cutting us off. They've got their own issues right now, and they're being a little less generous, opting to use the money previously used to purchase foreign debt instead for domestic loans. The Chinese aren't going to rescue us on this one.