Originally Posted by
bconngemini
Yeah about the debt, we have so much debt for the same reason Bill Gates has a lot of debt, because we're rich. We would never default on it but even if we did no other country can do anything to us because we have the biggest strongest army so the world is basically our playground and has to do what we say. Whoever wags the biggest stick gets to say what goes, and America can therefore never go broke since that debt isn't ever repayable. Other countries know they have to keep producing for us to consume and we will keep giving them the world reserve currency: US Dollars. That is the reality of being a dominant superpower master, the little peons that are other countries simply aren't powerful enough to force us to do anything, while we are powerful enough to force this US reserve currency system on them so that we can consume more than we produce.
Damn it feels good to live in the modern equivalent of the Roman Empire.