US can cancel it's dept any time it wants.
All it has to do is say the dept is clear and anyone who has a problem with that can answer to the full military might of The United States.

Anyways, Saudi Arabia owns a lot of that dept.
They sell us oil in exchange. And the only reason that place is a country is because USA has a military force there.

This post was edited by Mondain on Sep 5 2024 02:28am

Do fantasies of world domination make you feel better when you go to the grocery store and look around at the mess in this country?

Being expropriated to the extreme to pay for wars, the military industrial complex and special interests of politicians and the people who own them is not 'winning'.

This post was edited by cambovenzi on Sep 5 2024 02:31am

A business is in the business of staying in business.
You can't have power if you don't take the steps to create that opportunity for power.

Grocery Stores and Foreign Policy are two totally different subjects.

e- The topic is about First World Countries.
I took a stance from the USA looking out.
This is global, not domestic.

This post was edited by Mondain on Sep 5 2024 02:36am

The debt is meaningless when the government can make 35 Trillion in accounting adjustments in one year.


--+


As for first world society, US doesn't have this, hasn't had it for maybe 3 decades.

Health care cost up while quality and access down. For example, no OBGYN in northern MN, long wait list for basic tests, dental costs gouged and no insurance for this only terrible reimbursement plans.

School costs up while quality and access down. For example, the 4 day school week is up over 600 percent across US districts since 1999.

Made in the USA in the decline. For example, many Auto Makers who have renown brand reliability opened plants in Mexico, now quality is arguably down.

I think the biggest give away though is life expectancy and retirement age rollbacks. Our leaders have literally done so poorly and short changed their own constituents that they are literally dying younger and having to work into older years to sustain the society being poorly run by elites. Meanwhile, the elites statistically have nearly 10 more years of life because of the societally inequity they've propagated

This post was edited by RedFromWinter on Sep 5 2024 03:07am

Causing a global crisis the world has never seen and no one would ever trust the US again.

BTW China is already dumping US debt and Saudi Arabia considers joining BRICS.

This is what winning looks like I guess

This post was edited by Djunior on Sep 5 2024 03:06am

Are BRICS countries prepared to secure the Maritime routes, especially through tempestuous times?

Will BRICS lose its wind when the Red Sea corridor and associated regional war concluded?


The growth rate of BRICS is concerning, but where is the teeth?

I was talking about the US debt issue and pointed out the US cannot cancel it's own debt without triggering a global financial crisis.


Regarding the Red Sea, no one asked BRICS anything. The US led coalition (Mostly Western nations) immediately went in because 1) they believe they're the ones that should police the world and 2) those pesky Houthis threaten Israeli ships can't have that of course.

This post was edited by Djunior on Sep 5 2024 05:15am

Last 2 ships were Saudi and Panamanian...

Headed for Israel?

you do realize immigrants aren't arriving in large volumes because the people in power love them right?