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by LatteLazy 1829 days ago
Who do you think finances US debt, public and private?

Who do you think pours money into defense contractors, financial services and politicians pockets?

Who do we rely on to control the oil price for us?

Who else is an important ally in the region for Israel?

I dispise the Saudis, we should drop them and warm up to Iran, but that above 3 points are why no one has done it yet (plus momentum/tradition).

1 comments

The US public debt is denominated in Dollars, does the Saudi manufacture Dollars? If not, how could then they finance the public debt?
They sell oil for dollars. They give the dollars to the fed and 101 other institutions as loans, those institutions lend the money to the government and private groups.

China does the same only they sell goods for dollars instead of oil.

(not sure why people are down voting this, it's pretty straight forwards factual stuff?)