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Old 2010-09-23, 06:08 PM   #10
ecchi
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Join Date: Oct 2003
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Quote:
Originally Posted by Charlie View Post
I'm sort of curious why the US banking is such a problem unless they are also that valuable?
If you mean to other countries: Because we do business with some US companies, and they usually have American bank accounts!

If you mean to the US: Because you buy foreign goods, go on foreign holidays, and send money abroad through other means (eg, American soldiers fighting abroad). You have to have as much money coming in as going out (preferably more coming in than going out) or you end up in serious financial shit, the Government has to "create" more money which leads to inflation, unemployment, etc.... You also need money coming in to pay off that huge national debt the idiot W. ran up while in office. Fail to do that, and America ends up like a bankrupt third world country!

Oh, US banking is very important indeed.
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