The thing is Red China needs us to keep buying what they make, if they nuke us, they lose a huge market. Still, if they try to take us down, we must be reads to take them with us. We are in uncharted waters but I believe there is no mathematical way to pay off the debt, unless we print a 20 trillion dollar bill or something (that might not work either but when all else looks bad, well?), we might just as well default and reboot.
The debt can be paid back, but the debt owners would have settle on getting just the principle back and forego any, and all, interest.
Even then, it would take 500 years for all this debt to be paid back by everybody.
I’m thinking about taking bets on when obama signs an EO eliminating all nukes, just like he promised Putin. Then we will be totally defenseless. Maybe Russia is going to hit us hard and that’s why he won’t allow any adoptions.
“The thing is Red China needs us to keep buying what they make, if they nuke us, they lose a huge market. “
Is China neccessarily wedded to markets that are, or might China come up with a grand plan of markets to be? Junk the order of today, suffer some privations along the way, in order to have full power and authority in a new world setup. People are crazy and the old bipolar world kept many ambitions in check. The fall of the USSR is “old” news but the pace of History is slower and finer than the human attention span.
You're dreaming.
The leadership would have the masses eat grass if it meant our ruin.
When Europe crashes so will the USA and vice versa. And China will go down the spiraling toilet with everybody else.
Building factories in China had nothing to do with producing consumer goods. It was and is about having factories that can be converted to war production at the drop of a hat.