So if the US defaults then we may wake up one morning an every drop of water in the US will be carted off by some Chinese repo man?
Not exactly. It's much more effective from their prospective locking them up so that foreign production has a "comparative advantage." It's easy to do using environmental law.
There are ranchers being driven away from deeded and developed water rights at gunpoint by Federal agents all across the West. The claim is that ranching MIGHT be harmful to endangered species, turtles, grouse, flycatchers, whatever. The fact that those species do BETTER when cattle are present has nothing to do with the policy. Of course, it has nothing at all to do with the fact that Soros and Rockefeller have major investments in South American cattle production either. Nope, not a bit.
They get calves out of India and Pakistan, ship them to Argentina and Brazil, fatten them up down there, ship them to Mexico, they come in under NAFTA, spend two weeks in a cattle pen eating Cargill grain, and VOILA! It's American beef. American beef producers can't get honest domestic labeling out of the USDA. I wonder why?
Soros is now the largest landowner in Argentina. He bought it after crashing the currency. Take the hint.