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According to CNN its $10 billion a month. That is $120 billion a year. Sharon Vining
Because the US spends far more each year than it takes in. That is called the deficit. Every year that we have a deficit, we need to borrow money to make up the difference. That is called the debt. Much of that loaned money comes from China, or the debt was assigned to China by whoever the US borrowed from. Since we're living on borrowed money, we have to owe someone. China is one of those someones.
You shouldn't. Starting to borrow money at that early of an age starts you down a bad path of always borrowing money for wants. That is why they won't allow you to borrow money legally at that age. Talk to your parents about the costs of borrowing money. You can get inexpensive cars for far less money then you need to borrow for. The insurance is cheaper and your long term financial health is absolutely better. Would you rather borrow $5K now or have $100K when you retire?
Take a look at your policy paying attention to the illustration in the guaranteed column. This will show you how much money you will have to borrow against in a given year. When there is enough you can borrow against it. But be careful!
the year was 1625 was the year that china started celebrating Christmas
Heaps, Try factbook.com
The amount of money that a money lender will charge you, per period (day, week, month, year) to borrow money will be a percentage of the sum borrowed.
You borrow for next year's educational expenses next year, not before.
1958 is when the first TV station in China began to broadcast.
1986
i think in china
It is possible to borrow money from some but not all types of annuities. If a loan is allowed, you will be limited to borrowing from the funds that you have already contributed to the annuity, limited to not more than one loan per year, and very likely limited not more than $50,000. If you do borrow from your annuity and then let the annuity lapse, you will automatically owe taxes on any investment earnings that you have withdrawn from the annuity.