We borrow money from Japan?!!! heh -----Original Message----- From: Jochem van Dieten [mailto:jochemd@;oli.tudelft.nl] Sent: Monday, October 28, 2002 10:50 AM To: CF-Community Subject: Re: What is debt?
Phoeun Pha wrote: > I don't get it. If our government is in debt, to whom are we in debt > to??? Mostly Japan and financial isnstitutions that own a lot of bonds. > And how does it get in debt? Borrowing money to support a habit of spending more as earning. > And are there accounting records of how we got into debt? Is that > made public? It is called the budget. I am sure the Department of Finance has some information on it. Jochem ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Archives: http://www.houseoffusion.com/cf_lists/index.cfm?forumid=5 Subscription: http://www.houseoffusion.com/index.cfm?sidebar=lists&body=lists/cf_community This list and all House of Fusion resources hosted by CFHosting.com. The place for dependable ColdFusion Hosting.
