Where does the money for the iraq war come from?
They borrow the money from whoever will lend it to them. Most of the money comes from China [Those pesky communists] One day your notes will come due. When China say's "we want you to pay back the money you owe" That's when you'll know what an economic crisis looks like. The USA may even have to [shock,horror] nationalise the bank's and privately owned property like they did in Russia,Cuba etc etc. Sorry everyone...I've just read that's what the US government is doing now.. WELCOME COMRADES
What countries owe the U.S. money?
Q: What countries owe the U.S. money?The Rest of the World owes around 15.3 Trillion US$ to the US.The US owes a total of around 18.4 Trillion US$ Dollars.Who owes what to whom varies. For example:The graphics on this 2011 BBC story (below) explain who owes what to whom, the figures are 4 years out of date, but you'll get the idea!Eurozone debt web: Who owes what to whom?(The USA, China & Japan are included in the graphics BTW).So, if countries did start calling in the IOUs, the whole system would come crashing down. (That's the worry that underlies the whole Eurozone experiment...).
How does buying a U.S savings bond increase the United States government debt?
Here is a great article that explains it better than I could http://financialplan.about.com/cs/invest...
Why would Saddam Hussein want control of Kuwait?
He wanted to control most of it's oil resources to pay off it's debt from the Iraq-Iran War. Kuwait financed Iraq in the 1980s and Kuwait demand it's money back. Saddam realized he didn't have all of his own money to pay the debt back so he decided to invaded the country to steal the oil and it's riches there and annexed Kuwait as part of Iraq.
Is it true that the King of England financially backed both sides of the Revolutionary War?
Is there any proof that the King funded both sides of the war in America? If so what was the reason for doing so? 16) The King of England financially backed both sides of the Revolutionary war. (Treaty of Versailles- July 16, 1782 Treaty of Peace 8 Stat 80)