Soleron said:
Or default so it doesn't exist any more. Then basically dare the world to stop trading with the USA. |
That is a very wreckless thing to do. Why do you think other countries would be so reluctant to stop trading with the USA? Looking into the not-so-distant future, China and South America will usurp the US as the trade giants of the world. Do you realize that China's middle class is larger than ours now? They're growing while we're rapidly vanishing. We're vanishing because our currency is collapsing, our work force is shrinking, we live far beyond our means, and we're no longer in a competitive arena with which to do global business.
Taxes, regulations, etc... it all sounds good in a speech and on paper, but you can't force businesses to come to the US, and they won't come here if they can't make a profit. That's what we're seeing right now. Our relevance to the rest of the world is rapidly fading. We're not a special case... we have to work hard at being competitive or we will be left in the dust. Way too many people have their heads buried in the sand over that simple reality.
You cannot simply 'default so it doesn't exist anymore'. We owe that money to China, Japan, western Europe, Singapore, etc... they need to be paid back. With interest. Before too long, the interest alone on the national debt will exceed our annual GDP. We're suffocating over here and most people don't even realize it. We're too busy giving people food stamps and 99 weeks of unemployment.
The Screamapillar is easily identified by its constant screaming—it even screams in its sleep. The Screamapillar is the favorite food of everything, is sexually attracted to fire, and needs constant reassurance or it will die.
