What Influence Do Other Countries Have Over The United States When We Owe Them Billions Of Dollars?
Posted by
China Sourcing Commentator
Nov
26
I was looking at some statistics on how much money we owe other countries… I was pretty astonished. For example, we owe China 681.9 BILLION dollars! Anyways, back to the question…
I was wondering what “leverage” or influence in a way that these countries that we owe so much money to would have over us. If you have sources for information, great! If not and you’re just an over all smart person, I will happily accept that too.
Thank you!
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How good is your Chinese?
Technically, they ‘own’ us until we pay it back. Imagine if they say “We won’t buy your bonds unless you….. Buy 90% of your goods from us, all your cars, you pull all your bases out of foreign countries.”
We might protest, but we might also, bend to comply.
First off, we have to repay them, which results in a huge transfer of wealth.
Secondly, it represents a great influence over fiscal policy. Should other countries refuse to buy up our debt, interest rates would conceivably shoot through the roof to get people to buy the bonds.
Okay, this just my observations, and some history, but China has been buying large office high rise buildings in city’s like L.A., New York, Dallas, just about anywhere they can, so they own quite a bit of prime real estate, already. Now FEMA has been building these underground “compounds” all throughout the northwest, about 800 at last count.
They say, “for disaster recovery”,others say prison camps. Now, the US has the largest prison population in the world right now, and with all the new “arrestable offenses” the “patriot act” has brought us, It won’t be long before those compounds are full.
Back, a few hundred years ago, traders were doing there thing in Africa, when they noticed the slave market, ya see, they didn’t have big fancy prisons for there “bad” people, so they made slaves out of them. the traders thought “hey that would be a big hit back in the states”. Today, China is the trader, only we’re in hock up to our eye balls, but we have a bunch of “labor” we can give them.
Sound familiar?
And, don’t tell me, “we can’t do that”. The government has done far worse, and gotten away with it, and, hey, the Amerikan people want the debt payed, so, it’s either your land, or those criminal’s, then they’re gonna say ” boy we really don’t want to do this, but, we see no other choice”. So, we’ll just give them a few, and see how it goes, and we’ll turn complete control over to the court’s. Just to be sure it’s fair, and constitutional, you understand.