Im not claiming to know anything about the U.S. financial system, but in my analysis of what is going on, China, Japan, and other countries buy Treasury bonds, (sort of like stock in our country) and when they mature we pay them back. However, Sending a trillion dollars to bail out countries in Europe should only prove bad for us. Inflation is the first thing that comes to mind, if that isnt bad enough, this puts us at 14 trillion dollars in debt, nearly double what we had when i looked it up in a fed gov't class 2 years ago.
Iv'e done the math, it takes 32000 years to count to 1 trillion seconds, and we're throwing these things around like quarters.
In our Capitalist economy, our help is traded for business, places like vietnam and Korea now have Walmarts and Mcdonalds. Sure we will be able to build these over there, but does this really effect me and you. Look up the Walton family and you will see that between the four kids there is about 110 billion dollars, which should make this the richest family in the world. With Walmarts stealing the market on pretty much everything including groceries and tires, how can we let them keep becoming a monopoly year after year.