To see if the taxpayers of the USA are going to bail them out......
The world markets are watching
Started by Michael Koons, 09/27/2008 01:33PM
Posted 09/27/2008 01:33PM
Opening Post
Posted 09/28/2008 10:43PM
| Edited 09/28/2008 10:43PM
#1
Michael Koons said:
To see if the taxpayers of the USA are going to bail them out......
Well... the bailout will be funded by $700 billion in treasury bond sales -- which will be largely bought by foreign investors. So they would probably argue that it is in fact THEY who are bailing US out, rather than vice-versa.
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