[DrC]

“If they’re lucky, maybe they can foreclose on the Grand Canyon.”

Actually, given the massive amounts of federal land out West, I wonder whether it would be hypothetically possible for China to sue in court and obtain title to great swaths of Utah, Wyoming, Idaho, Alaska etc. in exchange for the hundreds of billions we owe them. After all, in a bankruptcy proceeding, someone who has defaulted on a debt isn’t off scot-free. Whatever remaining assets they do have end up being divided up among various creditors etc. I’m no lawyer, but I don’t see any legal grounds for arguing that the feds should be able to hang on to land assets also presumably worth hundreds of billions even as it defaults on debts of equal size etc.

[Meet the New Boss]

Let’s offer to send the illegals over to China to do landscaping work for seven years, and call it even.

[FredZarguna]

Except that contrary to idiotic public opinion, China doesn't own a very large part of our debt: we do. Their ownership of our debt, by even the most conservative estimate is less than 5% of what the government owes the People of the United States.

The Chinese can go to the back of the line.

[Thane_Banquo]

Actually, given the massive amounts of federal land out West, I wonder whether it would be hypothetically possible for China to sue in court and obtain title to great swaths of Utah, Wyoming, Idaho, Alaska etc. in exchange for the hundreds of billions we owe them.

Just give them California and be done with it.

[drangundsturm]

This is all very simple:

Step 1: Sell off all national land, parks, etc., to china.

Step 2: Use proceeds to pay off 14.3 trillion in debt.

Step 3: Nationalize all the stuff you sold off in Step 1.

There, I've earned my pay for another day.