[mickeystoysz16]

Originally Posted by Rich Z

Hmm, so does accumulated debt every year just go away?

I just read an article in the newspaper a few minutes ago stating that the US government is borrowing more than $100 BILLION per MONTH just to pay current bills. That means every month this country is getting deeper and deeper into debt, and apparently no end in site.

How could any company operate in such a manner?

Furthermore, is borrowing money from China all that wise of an idea?

You are correct on the debt side of the balance sheet only. My point of view is from the Revenue side, as long as you have the ability in the future to pay it back. So on a state/federal level you can borrow $100B a month if you have the ability to pay it back.

I do agree that that much unfunded spending is not wise especially when your banker is a bunch of statist theives. Do a google search for Chineese Reverse Mergers and Chinese stock fraud and you will now what I am talking about.