Alarming Realities or Falacy? [silent killer]

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Nov 1, 2006 | 10:10 PM

gdogg

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Alarming Realities or Falacy? [silent killer]

i have been a big fan of Kiyosaki and Trump- it just so happens that they authored a book together- so here is the big question or questions(if there really is one)... or points to discuss-

So what will actually bring America to it's knees?

Quote:

Originally Posted by Sharon Lechter... from intro in Why We Want You To Be Rich

2004During the Kerry-Bush debates, there was talk about the outsourcing of American jobs. But there is a problem both parties avoided. There was little said about the outsourcing of American debt into the hands of foreigners.

While there is much discussion about illegal immigrants in our work force, there is a more serious immigration problem not being discussed: the amount of foreign capital that keeps the United States. afloat. In 2004, 44 percent of our Treasury debt was owned by foreigners. No leading country in history has ever incurred this level of foreign debt. As a nation we cannot afford the payments to service this debt, and there is a limit to the amount our debt the world will tolerate.

i have been readin the new book by Donald Trump and Robert Kiyosaki... not a political book..but it raises some serious issues that i never really deeply thought of before...

any thoughts to this statement?

aloha from the summit of *-^-mauna kea-^-*

Last edited by gdogg; Nov 1, 2006 at 11:47 PM.