House economy page 3
Help... I left my book at school and now I can't do my homework?
is it possible to buy a home by jan 09 in this economy?
Do you believe that by Early '09, the economy is going to crash?
Does Digital economy bill need to re-enter the House of Lords?
What do you think about Hillary Clintons proposal of a $9.50 minimum wage?
Is competition good due to the lack of influence any one company can have, but?
Why are Taiwan politicians so paranoid about military invasion from China?
My cousin is visiting and he tells me that the USA borrowed from China for the recent economic stimulous plan. I can't find anything from a google news search, so I'm wondering if this is true, although he swears it is. Can you find a link, or have you heard anything about this? Thanks!
Not quite. China for years has been buying Treasury Notes from the American Government which helps fund the government. They hold nearly 1 trillion dollars in these bonds. However,with the exception of Clinton, no American agency has ever accepted a loan from China.
While the USA does borrow money from China and has through many administrations, The Economic Stimulus money is returned tax revenue.
No it's not true!
| Finance plays an all-important role in life of any society irrespective of its social order. Experts should know well the nature of the finance, understand features of formation, distribution and use of financial resources in the state, and also in functioning of credit-and-monetary system. The economist should be prepared for professional work in state structures of federal, regional and municipal level; banks, stock exchanges, the financial and insurance companies, investment funds, the Ministry of Finance of the Russian Federation, economic services of the enterprises and the organisations of all patterns of ownership, on the posts demanding the higher economic education. |
