Alrighty where do I start, Ok...As most of yuou know were 14 trillian in debt with China. ANd we will probabily end up giving up Hawaii or Alaska or something and STILL pay it off. I mean do you guys know who's going to pay it????.......Not your parents, not your grandparents....No! Us, US! The U.S. Is pretty much a laughing stock anymore! Alrighty, I'm pretty much done with that so tell me how you feel about this situation....

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It's not actually that bad. Japan has tons more debt then the U.S.

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That's Japan...This is U.S.

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I doubt that 1 generation will be able to pay it off, I really do.

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It would really help the debt if the War in Iraq would resolve so we wouldn't have so much needed military spending and such.

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"MovingBrick" wrote:

It would really help the debt if the War in Iraq would resolve so we wouldn't have so much needed military spending and such.

the war i n Iraq should have finish long time ago.

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"Sveinns" wrote:

"MovingBrick" wrote:

It would really help the debt if the War in Iraq would resolve so we wouldn't have so much needed military spending and such.

the war i n Iraq should have finish long time ago.

It should have never begun. And paying for that is not what's putting us in debt.

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"Proof" wrote:

"Sveinns" wrote:

"MovingBrick" wrote:

It would really help the debt if the War in Iraq would resolve so we wouldn't have so much needed military spending and such.

the war i n Iraq should have finish long time ago.

It should have never begun. And paying for that is not what's putting us in debt.

It may not be the sole reason, but it's still a massive one. The U.S. puts ridiculous amounts of money into military spending, and it's driving them further and further down. In fact, your economy is so bad now that you know longer have a AAA financial rating, which pretty much every other major developed country has. Your debt is so enormous that it's essentially impossible to pay it off now. Your country has been days away from bankrupting twice in the last year, and the only reason it hasn't is because you keep artificially increasing the debt ceiling so that you can borrow even MORE money. Eventually, the United States will bankrupt, they'll heavily slash social policies and sell off military equipment in an attempt to survive, and you will no longer even be remotely close to a world power. Luckily for you that won't be for a while, but there's no other way for this to happen. There's just too much debt.

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well if we get a prez who actually knows what he's doing and starts drilling oil in alaska, then we wouldnt have to give not so much to china. i dont know if thats going to happen tho. china's going to keep on getting richer and richer and is eventually going to overpower us. maybe even buy us with all the money they got. thats my prediction. just sayin

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It's funny because your debt is higher than your Gross Domestic Product.

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