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Shane Uehara asked:


Why can’t we let it go bankrupt if it’s not making money? Why would you give money to a company that can’t make money back?

Is it possible that at some point a foreign auto company could take over GM with 51% by their decreasing stock price?

Nobody really cares for American cars nowadays except those rental companies, so what’s the point of keeping it?
welll.. with GM gone, they can get jobs at Japanese auto plants based in US.. so they can expand and make even nicer cars for the consumers.. American cars **** anyway.

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greatelderone asked:


I know the US external debt is around 12 trillion, but what is the composition of the said debt? Treasury securities? What?

And second, does anyone have figures for who owns this outstanding debt? I have heard for example that China owns anything from 400 Billion to over 1 trillion. Does anyone have definite figures of these?

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interdependent globalized world asked:


How does the debt system work, what happens when the other countries buy our debt, can they sell our debt to other countries, can they force us to pay our debts at any given time, please explain how the national debt system works?

Thanks, I need lots of details and really want to understand so thanks again for your help!

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Amy B asked:


Does the size of the government’s debt and the size of the budget deficit indicate potential problems for the economy in any of these cases?

1. The government’s debt is relatively low, but the government is running a large budget deficit as it builds a high-speed rail system to connect the major cities of the nation.
2. The government’s debt is relatively high due to a recently ended deficit-financed war, but the government is now running only a small budget deficit.
3. The government’s debt is relatively low, but the government is running a budget deficit to finance the interest payments on the debt.

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chronic_sax asked:


I’m working to formulate a research programme on the Japanese Financial Crisis, and I am trying to discover what role the Japanese Financial Crisis of the early ’90s played in the subsequent E.Asian financial crisis.

If anyone has a clue, holler back.

Thanks.

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I’ve heard several candidates claim that by spending too much we go bankrupt? how is a nation with our economic status exactly go bankrupt ?

I’ve never taken an economics course so this idea of a nation going bankrupt is very confusing to me.
Yeah but don’t we always spend more than we have, and just have the fed print the rest of the cash needed or borrow it from another nation ?

By: Zurvan

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