Hi,
Jeypore is pointing out at the debt structure! irrespective of its value.
US will always have the money to meet its neccesities!
In simple words US is the authority to print $US!
Who is forcing US to pay its debts? even if some bank ask for it US can go to central bank and borrow some from there... state bank of US belongs to US.
In reality, it is people like you and me who pay for US debts much to our ignorance.
Why do you think countries out of US influence are diversifying there forex reserves?
If US collapse than Pakistan will be among many countries to collapse with it simply because our own currency what ever value it has is in reference to $US.
US can only collapse if suddenly large number of countries decided to change the currency of their forex reserves and strike peace accords with their neighbors or world wide interstate conflicts die out.
On top of that we stop using petrol...
THIS WILL BE SUDDEN DEATH FOR US ECONOMY. but this is not going to happen at least in next 1 year
Have you ever noticed that US have allocated far less budget on alternative energy development than many other areas...... now its getting complicated and lengthy and i stop here.
Just a last hint.. there are far more US citizens dying with sickness than terrorism and US can save more American lives by investing few million more on health sector and can become more technologically advance by investing little more on education sector and may not need foreign skilled labor... BUT in reality US spend perhaps 1000 times more on war as compare to health and education sector!
WHY.. simple ecnomics....war is a earning source and is infect financing the health, education, development etc. etc. etc.
More you invest on war more you earn! HOW... by indebting the war ridden states.... and forcing them in to petrol driven economies!
I'm not making any thing of my own... go check the statistics of IMF and World bank etc..more war means more loans being lend out to involved states... more defese deals and cirrency of respective states getting diluted hence US debts being passed out smoothly and slowly.
Now if US collapse... more than half of the world collapse. incl. Pakistan.
What is most amazing is Pakistan is the only country in the world which take loans on highest markups and with conditions where IMF have powers of king BUT no media is ever allowed to term it loan!
AID ...AID...AID.... fool the democracy lovers by the name of AID because they are tested fools or perhaps more corrupt than any other human on this planet.
Sorry i got carried away... perhaps black water is in Pakistan to quite those who knows too much, we should be careful in discussing hidden statistics.