Thread: My Solution
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Old 10-22-2008   #1
Toby
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Default Re: My Solution

Quote:
Originally Posted by sarettah View Post
My Solution...
Perhaps I'm confused, but it seems to me that you're referring to the National Debt as the sum of all debt owed by US citizens. I thought that National Debt was the total outstanding loans the US Gov't owes to other nations and non-US banks.

How can the US pay off all that consumer debt without taking out even more loans from other nations?

I'm not following the logic.
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