Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - European Union members on the European Union

mykalberta · 05-28-2010, 10:23 AM

I have heard alot of people say that, but if they own bonds that have a maturity date its not like they can come calling for the money now. If they sell the bonds at a loss the only thing the US loses is the value of future bond sales no?

Knowing the US if China ever did that the US might just start printing money and since China is pegged to the dollar they would only be hurting themselves.

Its not like the UK IOUs the US had after WW1.

05-28-2010, 10:23 AM	#7
mykalberta Franchise Player Join Date: Aug 2005 Location: Calgary Exp:	I have heard alot of people say that, but if they own bonds that have a maturity date its not like they can come calling for the money now. If they sell the bonds at a loss the only thing the US loses is the value of future bond sales no? Knowing the US if China ever did that the US might just start printing money and since China is pegged to the dollar they would only be hurting themselves. Its not like the UK IOUs the US had after WW1. __________________ MYK - Supports Arizona to democtratically pass laws for the state of Arizona Rudy was the only hope in 08 2011 Election: Cons 40% - Nanos 38% Ekos 34%